Why isn't perpetual high unemployment inevitable?

[richardhutnik]

Crazymann said:

spurgeonryan said:
People in Farming or agricultural jobs these days are making bank, at least in America they are. Corn being used for everything, soy, etc is just driving prices!

If you truely believe that, then you have obviously not grown up, worked or seen most non-corporate farming operations.  For your average, family-run operation, farming is a yearly gamble with your entire livelyhood.  Equipment prices are outrageous.... a quality combine harvester costs more than the houses of most people... so you have to take loans.  If the crops fail (heat, drought, disease etc.) then you have steep bills to pay with little means to do so.  Profit on range lands isn't much better.

Large corporate farming operations are another matter, but (even in that case) it certainly isn't the workers who are getting rich.  The shareholders and board of the company are.  Lowly workers are not getting paid any more than workers in any other sector. 

The reason that most farms have been consolidated and purchased by big business is exactly because it is so risky and most farmers (in the sense that they have existed for the vast majority of the history of the USA) can no longer afford the gamble.

On the workers being employed side, anyone who thinks the answer is agriculture, care to explain how many more works agriculture is going to end up employing in the future, based on increased demand for food.