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Advisor

Automation

and the provision in the tax bill to further subsidize it by permitting full expensing on capital investments. Those pore oli workers:

 

https://medium.com/basic-income/the-real-story-of-automation-beginning-with-one-simple-chart-8b95f9b...

 

While on one hand it is progress to replace those very dangerous jobs on the other there were plenty of folks ready to take the RV to ND or the Permian and get in on some of that $40/hr money.

 

Pretty clear that full expensing in agriculture resulted in a quick boom for those who were well positioned to take advantage but ultimately lower employment across the sector.