Automation to this level is not the same as industrialisation or the motormobile, we’re not creating nearly enough jobs to offset those that would be lost in the process.
I thought employment rate has been at record lows these last couple years?
All at a time at which 2 incomes barely covers living expenses for many people, where 1 used to cover a house, a wife and 3 kids.
If you take out housing payments/rents as they're due to the housing crisis that's definitely not true
If you're on 2 incomes and struggling with a paid off house you're doing something wrong
Standards were very different in the era you're talking about, there was no eating out, there were no yearly holidays, there was no 8 different subscription services, 3 ipads, 5 tv's, 3 computers, 2 cars, a huge house etcetcetc
Especially if you're a tradie or mining related, you're probably making absolute bank.