. . . but who would program the embedded systems in the lift pump system that keeps Florida from being underwater?
You say that like it'd be a bad thing.
Talking to a Chicago cab driver of 28 years, what happened was a Russian bought 80% of all cabs in the city. He talked to the mayor and a year later there was a medallion law in Chicago costing $800k to operate a new cab.
I believe you have been misinformed. Chicago licenses cabs for a normal fee, not hundreds of thousands of dollars, but they have limited the number available (on some theory/excuse like that can drivers can't make a living if there are too many of them). Anyway, Many years ago, when Yellow Cab / Checker Cab had almost all the medallions, Chicago decided to expand the number of medallions, and held a lottery to give them out. Licensed cab drivers with so many years of experience had first shot in the lottery - not sure if the odds were weighted or not (for things like years of cab driving experience or military service). Anyway, my wife's step-father won one and sold it for $20,000. Medallions are bought and sold on the open market, and those prices have risen a lot lately. They are now around $300,000 each. The city of Chicago records the sales but does not make that money.
Accounting tip: infrastructure investment doesn't show up in a profit and loss statement.
Actually it does show up there, but it's amortized over several years/decades.
Typical AC will chill the air until it's colder than the desired temperature to dehumidify it and then warm it back up.
Typical AC will chill the air below the dewpoint, but will not reheat that air (except for the couple of degrees that the heat of the fan adds). In fact, most energy codes prohibit using energy to cool and then using more energy to reheat (except in certain circumstances where it may be vital, such as humidity-controlled labs, pharmaceutical plants, etc.). Only the more sophisticated, expensive AC systems reheat - those typically have some sort of heat exchanger to reheat supply using warm outdoor air or exhaust.
you can see that actual employment has been steadily falling since the 1960's in the USA, typically taking a dive after each recession, then regaining some but not all of the previous employment
Bull. In the sixties, most married women were not "employed", yet were not counted as "unemployed". The workforce per capita has increased greatly since then (yet real income has not risen commensurately).
Until I finally moved out on my own (a few decades ago), I hadn't realized food was supposed to have so much actual flavor
Those who routinely eat extremely spicy food also don't realize that food is supposed to have so much actual flavor.