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Reply to "Help me understand the impact of a $15 minimum wage? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The impact of a $15 minimum wage is few jobs and more automation. The days of going into a fast food place or retail store and transacting with a human being will be completely gone. And the people who do those jobs now, will be unemployed and sitting at home 24/7 collecting their UBI (also on the way) while you work to support their lifestyle of leisure-subsistence. [/quote] If UBI is coming, we definitely need $15/hr or no one will work. $7.50/hr=1200/month.[/quote] DP. The days of going into stores and interacting with humans is already gone, if you hadn’t noticed. 😂 [/quote] Eventually automation is going to be cheaper for lots of these jobs. Having people make poverty wages for jobs that are easy to automate can delay that, but not forever. Eventually we're probably going to have to deal with the fact that automation is going to make it hard to impossible for everyone to be employed. If that means I'm taxed to make sure they don't starve to death, I'm fine with that.[/quote]
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