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Reply to "UPS TO pay drivers $170,000"
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[quote=Anonymous][quote=Anonymous]Just another example of massively overpaying for unskilled and uneducated labor. The results will be predictable, which are to accelerate the use of automation as much as possible. It’s only a matter of time before they overcompensate themselves out of existence. Why would anyone with an education and skills accept a lower salary than a UPS truck driver? Is everyone will be asking for higher wages, which in the end causes a whole bunch of wage driven inflation. The end result is that UPS drivers get nowhere in terms of real purchasing power as where they were before, and all the country did after terrible wage inflation is just ruin everyone’s life savings in the process. Companies will also start pulling out of the US as labor becomes massively overcompensated for these simple jobs.[/quote] +1 With caveat that I think those of us with education and skills will not see the higher wages--our jobs will be eliminated or office jobs will begin to be seen as women's work and will pay accordingly--a lot of the unskilled labor will be seen as man's work and they will be paid accordingly. [/quote]
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