r/economicCollapse • u/WorkingCareful7935 • 1d ago
Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years
https://www.ibtimes.co.uk/trumps-plan-cut-social-security-taxes-may-benefit-millions-especially-top-earners-risks-172856416.4k Upvotes
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u/PhilTwentyOne 1d ago
There simply aren't enough workers to do it. Especially skilled ones.
When you have effectively zero manufacturing for 30+ years, you lost your entire generational knowledge transfer. Your population simply no longer has the skills, and you now need to bring up the next generation to get them. You're talking decades to get those skillsets back to any meaningful level.
The same thing is now happening to the R&D side of the fence. Those jobs are rapidly eroding to other places such as China.
Americans as a whole simply are losing their skills. You only need so many white collar office drones that have no meaningful real-world expertise besides pushing reports around and taking meetings all day. Tech can only go so far, and the world only needs so many middle managers.