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Reply to "Are we being complacent about disappearing white collar jobs?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are being complacent, but for those of us in middle age, there's nothing to do except dance until the music stops. I'm 44. If I could do it over I would be a house builder. But 44 is too late to start that journey.[/quote] If you had started in construction at 20, what would you do at 44+ when your body is giving out? An economy dependent on manual labor requires a robust social safety net. That's why there were so many union actions before the tech revolution. Our politicians want everybody (else) in manual jobs but they don't want the workplace safety, healthcare, pensions, etc that people literally fought and died to get in order to make those jobs tolerable. [/quote] This is a common myth among people unfamiliar with the trades. Owner-operators and small businesses are very common in the building trades. I'm not saying it's easy, but it's a non-white collar path with some security and inherent value. A lot of my friends who started in construction in their late teens (when I also worked construction in the summer) are owners of small-mid construction businesses now. Basically, anybody who didn't get sidelined by heavy drinking or a nasty divorce is in a very comfortable situation. So am I, but I wouldn't recommend my white-collar route to my son with AI coming fast.[/quote] Very comfortable situation? I call bs. Some are but without a doubt they don't have reasonable retirement savings and no matching contributions etc. Their retirement, unless they can sell their business for a significant profit, is bleak. [/quote]
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