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High wages for unskilled labor, attn GStan
#35
(07-04-2017, 06:02 AM)SickBeast Wrote: All that's going to happen is prices will increase across the board. It will affect all of the businesses equally. Expect to pay more at McDonald's and other places like that. I don't have a problem with it. Those workers deserve a decent wage. Actually those types of jobs are going to be all that we have left pretty soon. Automation is going to replace entire professions. I expect that a basic income is also going to be necessary and they will have to tax the robots. Eventually most people will be paid to do nothing.

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Think about what you said for a moment.

You just made the point I have been saying all along, that unless owners will take less profit, you will see inflation.

That's what making more and paying more across the board is.

If you used to make $280 a week and your food cost $100/week, and now you make $380 a week but your food costs $200/week you haven't really progressed.
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RE: High wages for unskilled labor, attn GStan - by RolloTheGreat - 07-04-2017, 09:11 AM

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