But, I saw this graph of manufacturing employment as a percentage of total employment.
This looks similar to age adjusted labor force participation over long periods. The trends on these measures are surprisingly linear.
How much of the public conversation around finance is based on arguments about things that aren't real that we can all hang our prejudices on. It seems unavoidable to me that this will be the case. Complex topics lend themselves to this problem. I don't see how any of us can avoid it.
The line between using models and heuristics to approximate the world and imposing your prejudices on complex topics is too thin to parse.