patrick.net

indigenous says

Bullshit, 100 years ago 95% of Americans were farmers today it is less than 5%. Where is the unemployment from that?

Farming share of GDP was about 20% in 1914. It fell to about 10% by 1929 and remained flat until the end of WW2.

Gradually fell from there to about 1% today.

Seriously, where do you get your facts?

http://faculty.apec.umn.edu/ppardey/documents/9781441906571-c1.pdf

Figure 2-1.

This decline, by the way, is not due to falling real farm income or productivity, but rather the growth of the US economy is other areas at a much greater rate.

Figure 2-4 shows farm share of population around 30% in 1914, falling to under 1% today. Aggregate farm population peaked prior to WW2, after which automation increased productivity greatly and eliminated farm jobs.

Luckily, plenty of other industrial demand for jobs afterwards (the war effort and all) picked up the slack.

control point says

Seriously, where do you get your facts?

Seriously how does that negate my point? 1% instead of 5%, who gives a fuck, the point is that new jobs were created that employed the farmers.

marcus says

In other words we are outgrowing much of our current economic thinking.

somebody disliked you, LOL, but this video was pretty good:

https://www.youtube.com/watch?v=7Pq-S557XQU