The reality of a minimum wage

[Frederick]

The other side of that coin is that someone has to design, maintain and operate the automation.

which takes vastly less folks.



a good video, in my opinion.

 

[CHenry]

I would imagine overshoring had something to do with that as well.

Wal Mart

You are too young to remember TG&Y or Otasco I bet

 

[Frederick]

Wal Mart

You are too young to remember TG&Y or Otasco I bet

Nope. I googled it though. i don't know if either of those ever existed in Florida. I've only been in Oklahoma since 2009.

i'm aware of the effect wal-mart and other large corporations such as target have had on smaller stores with less bulk. that's just the free market, though.

 

[CHenry]

Nope. I googled it though. i don't know if either of those ever existed in Florida. I've only been in Oklahoma since 2009.

i'm aware of the effect wal-mart and other large corporations such as target have had on smaller stores with less bulk. that's just the free market, though.

No, its free trade. The free market aint supposed to include trading for free with a communist country that pays their 11 year old labor $1.10 a day while he stands in his own sewage because no one gets a bathroom break.

 

[Frederick]

No, its free trade. The free market aint supposed to include trading for free with a communist country that pays their 11 year old labor $1.10 a day while he stands in his own sewage because no one gets a bathroom break.

Yeah, I agree. We should have tariffs based on wages in the country.

For example, Germany has a similar average wage in the information industry and therefore should not be subject to graduated tariff. But India on the other hand...

 

[Dave70968]

...thus ensuring that those nations never rise out of poverty.

 

[n423]

I think we will need auto mechanics, electricians, plumbers, HVAC techs, A&P mechanics or skilled trade workers to install/repair/replace for awhile. Computers and robots will continue to multiply.
My 2 cents...

 

[emapples]

If they are a union or contract worker theres a good chance their pay is tied to minimum wage and will go up accordingly.
I once worked in a union shop when that happened. About destroyed the company. overnight they had to start paying almost double.

I am pretty sure unions tie there scales to "Federal Minimum Wage"

 

[emapples]

...thus ensuring that those nations never rise out of poverty.

With the the continued overpopulation we will never have enough for everyone to live in the lap of luxury.

 

[okierider]

...thus ensuring that those nations never rise out of poverty.

It is not the USA's job to bring other countries out of their poverty!! It is the USA's job to bring our own country out of poverty!!
re allocating American money to other nations is what is destroying this country already!
Go to Detroit, Chicago, Philly and take a look around and tell me why I should give a **** about India when we have third world conditions right here our sorry excuse for government is ignoring like it will magically disappear!! Lets fix our own house first and then worry about the rest of the world!!!