Wyldeman, once again I would strongly encourage you to employ some critical thinking. Try pulling the Faux News out of your ears for just a little while would ya, and perhaps try and digest the entire speech before coming to conclusions based on some Faux News op-ed designed specifically to appeal to the weak minded among us. This is Fox hard at work washing your brain clean of any rational, logical thought...sadly, you don't even see it.
Here's some truth for you...unless of course you consider Time Magazine a little too liberal for you.
"Throughout industry, the trend has been to bigger production with a smaller work force. In the highly automated chemical industry, the number of production jobs has fallen 3% since 1956 while output has soared 27%. Though steel capacity has increased 20% since 1955, the number of men needed to operate the industry's plants—even at full capacity—has dropped 17,000. Auto employment slid from a peak of 746,000 in boom 1955 to 614,000 in November, just before the current layoffs became severe. Since the meat industry's 1956 employment peak, 28,000 workers have lost their jobs despite a production increase of 3%. Bakery jobs have been in a steady decline from 174,000 in 1954 to 163,000 last year. On the farm one man can grow enough to feed 24 people; back in 1949 he could feed only 15."
"Many businessmen, while conceding that automation has reduced jobs, feel that a good healthy recovery from the recession will provide all the employment needed. But labor experts think this too optimistic a view, fear that unless something is done by management, union and Government, the hard core of permanently unemployed will continue to rise."
Edit: HA! I just realized that article is dated Friday, Feb. 24, 1961! Just imagine what the impacts of automation have had to employment since the 60's! I'll see if I can find something a little more recent.