Robots and Economic Luddites: They Aren't Taking Our Jobs Quickly Enough

Lydia DePillis warns us in the Post of 8 ways that robots will take our jobs. It is amazing how the media have managed to hype the fear of robots taking our jobs at the same time that they have built up fears over huge budget deficits bankrupting the country. You don't see the connection? Maybe you should be an economics reporter for a leading national news outlet.

Okay, let's get to basics. The robots taking our jobs story is a story of labor surplus, too many workers, too few jobs. Everythi...