The Secret War on Cash
In this episode of The Secret War on Cash, Dean Heskin and Chris Agelastos examine a growing economic threat that reaches far beyond tech headlines: the expanding disconnect between the number of Americans working, the number dependent on government support, and the rapid rise of AI-driven job displacement. They discuss the claim that 111 million U.S. adults do not have a job, the much smaller official unemployment figure, and the questionable categories used to soften the appearance of deeper labor-market weakness. The conversation then turns to the rising cost of government support, which now exceeds $1 trillion annually, and why that burden becomes more dangerous as fewer productive workers support more recipients. Dean and Chris also explore the next phase of the AI disruption story. Instead of just replacing low-skill or entry-level work, AI is now cutting into administrative jobs, coding, customer support, and middle management, while prices for groceries, fuel, and everyday life continue to rise anyway. Key topics include: * the real labor-force problem behind official unemployment * AI layoffs in white-collar and administrative sectors * government support spending and long-term sustainability * why automation does not necessarily lower prices * inflation, job displacement, and shrinking purchasing power * why this could become a much deeper structural problem Brought to you by Swiss America. Get your free Secret War on Cash Report today. Call or text: 1-800-289-2646 Visit: https://www.swissamerica.com/social [https://na01.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.swissamerica.com%2Fsocial&data=05%7C02%7C%7Cfa987c75a3c04373913008dedc642935%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C639190519913915203%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=c0Otde6uI61clXH5oaWcqjeNB3soleJn%2Fl8S3WkZ0Qc%3D&reserved=0]
284 episodes
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