Thanks to deindustrialization, which is caused both by productivity growth and by corporate offshoring, the overwhelming majority of Americans now work in the non-traded domestic service sector. The jobs that have the greatest growth in numbers are concentrated in sectors like medical care and childcare.The rest of the article heads off into a mix of satire and nationalism, but I wanted to nail down this part. As the American economy struggles, the medical sector remains one that can't be outsourced, generally.
So imagine an America in a few years, where the growing jobs involve health care: nursing, home care, technological applications. Elders cared for by younger generations. Manufacturing and scalable service jobs have disappeared.
Why do we homestead? To survive shocks like these.
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