COVID-19 is the perfect 4T event?

[David Horn]

(04-29-2020, 04:29 PM)pbrower2a Wrote: Labor unions will be back, and people who do real work will get real pay again. I expect revitalization of the Heartland of America as a means of deconcentration of the population -- which will revive the Rust Belt (even if with an economic basis very different from that of the 1950's).  Life will be more conformist, but part of conformity will be a reduction of the disparity between sybaritic excess and gross deprivation that seems to be the recent (and soon moribund) way.

I suspect that the solution to this ongoing problem will be different this time.  Some otherwise well compensated work will be automated away, and some reduced by greater reliance on machines. It's hard to unionize that. Some alternative that pipelines money to people so they can be recycled it in the economy will be needed.  What it will be is a mystery, but going back seems unlikely.