$15 a hour minimum wage and only one maned checkout in Walmart (employment, fast food)

[Tulemutt]

Originally Posted by HB2HSV

The unemployment is ultra low due to the right economic policy implemented by President Trump despise the kicking & screaming of the Democrats every step of the way.

The only things Chump implements are offensive rhetoric, idiotic tweets, and moronic contradictions and lies. Unemployment went into freefall under Obama's second term and is somehow continuing under Chump as the avaricious business class grasps frantically at brass rings hoping to achieve financial immortality before Chump crashes the whole system. It is short-term thinking and opportunism at its worst. Absolutely no regard for future generations as we continue the cancerous scorched earth campaign of ridiculous consumerism at any cost and damn the future for our children's children.

“Growth for the sake of growth is the ideology of a cancer cell.” - Edward Abbey

[Tulemutt]

Originally Posted by Chicano3000X

True, companies will do what they can to save every penny. That's why we gotta future proof our society. Otherwise if you think the homeless issue is bad now? Just wait..

Nice sentiment. But you can't stop the mindless growth virus. The leading minds of AI agree that in less than the next 20 years at least one-third of the workforce will be permanently out of employment, displaced by AI. Not retraining for new professions. Permanently displaced from productivity. And steadily greater % ongoing.

To accommodate this coming world we will be given B.I.G. - Basic Income Guarantee. A growing body of world economists, liberal, conservative, and libertarian alike, agree and endorse this. In short, B.I.G. takes all money now spent on social welfare, including its management budgets, and divides and disburses it equally among all persons of working age and older ... rich and poor all get an equal check every month. Basic income ... basic minimum living ... working or not.

Just have to keep consuming until we use up all resources. Then it/we all die.

[Tulemutt]

Originally Posted by HB2HSV

Company management always face a choice: to spend high initial investment for automation versus maintaining the current workforce that maybe less expensive initially than put up the high cost for automation. In making that decision, they look at when is the cost of automation will break even compared with labor cost.

A rise in labor cost will just make investing in automation that much more attractive with a faster return-on-investment. It just makes the management decision easier to make.

Doesn't make any difference. It's coming. Trump has nothing to do with it. And neither does minimum wage.

[Chicano3000X]

Originally Posted by Tulemutt

Nice sentiment. But you can't stop the mindless growth virus. The leading minds of AI agree that in less than the next 20 years at least one-third of the workforce will be permanently out of employment, displaced by AI. Not retraining for new professions. Permanently displaced from productivity. And steadily greater % ongoing.

To accommodate this coming world we will be given B.I.G. - Basic Income Guarantee. A growing body of world economists, liberal, conservative, and libertarian alike, agree and endorse this. In short, B.I.G. takes all money now spent on social welfare, including its management budgets, and divides and disburses it equally among all persons of working age and older ... rich and poor all get an equal check every month. Basic income ... basic minimum living ... working or not.

Just have to keep consuming until we use up all resources. Then it/we all die.

True, people who choose not to work wont be homeless, but they'll stay stagnant. So the new bums wont be wondering the streets, but they'll choose their fate.Wanna be a nobody or contribute?

Atleast there won't be homeless..

[nmnita]

Originally Posted by V8 Vega

In Porter Ranch. The maned checkouts were gone and it's all self service checkouts.

we have almost the same thing here: We have a very large, super WalMart here. Every time I walk into the store they have fewer checkers. Mainly a couple open lanes plus several self check outs and a couple in the liquor dept. I can live with it, but I still have some concerns.

[nmnita]

Originally Posted by PCALMike

So you are saying that higher minimum wages lead to innovation and productivity growth, the backbone of economic growth?

Its a compelling theory you are implying. But unemployment rates are ultra low in California now, so both productivity growth and employment growth is happening at the same time.

Its a shame that the politicians are using the minimum wage discussion as a way to get more support every few years though, by refusing to fix the minimum wage to economic growth. Instead they let the value of the minimum wage erode every year which is in essence deliberate wage theft.

sorry I have to agree with the OP, the minimum wage is going to continue to impact service whether we like it or not.

Chicano: there are countries that love socialism. Maybe they would take the homeless and support them? otherwise if a person wants to work and are not totally disabled they will find a way to get a job and it isn't up to the corporate world to provide jobs for everyone whether they want to work of not. That isn't the way capitolism works.

[Mike Town]

If the minimum wage keeps going up we'll be paying $15.00 for a $2.00 hamburger.
minimum wage Jobs are for the young or unskilled and never meant to be a livable wage. Don't like
minimum wage then stay in school stop having babies at 15 so you can get a real job.

[guidoLaMoto]

Originally Posted by HB2HSV

Company management always face a choice: to spend high initial investment for automation versus maintaining the current workforce that maybe less expensive initially than put up the high cost for automation. In making that decision, they look at when is the cost of automation will break even compared with labor cost.

A rise in labor cost will just make investing in automation that much more attractive with a faster return-on-investment. It just makes the management decision easier to make.

Very astute analysis.

Look at ancient Rome: they had amazing technology & craftsmanship. They had the basic science & fabricating ability at their disposal to develop the steam engine.-- But they didn't because they didn't have to. There was plenty of slave labor to get the job done more cheaply.

Chicano is also on the right track: history has shown us that jobs are eliminated by technology. The assembly line replaced handcrafting things and it took fewer workers to meet production demands. The corn combine replaces 80 field workers...etc etc. Extend the argument to its logical conclusion.

We need to think about what we're gunna do when technology requires so few jobs yet we'll have a rising population.

It ain't gunna be pretty.

[Social Democrat]

Originally Posted by Chicano3000X

True, people who choose not to work wont be homeless, but they'll stay stagnant. So the new bums wont be wondering the streets, but they'll choose their fate.Wanna be a nobody or contribute?

Atleast there won't be homeless..

Would the B. I. G. be enough for rents in places like LA? Will there be enough housing in the future to accommodate everyone?
Maybe the basic income would allow people to relocate to areas with cheaper housing. Interesting concept, will take some very saavy people to work this out.

[jm1982]

Originally Posted by Mike Town

If the minimum wage keeps going up we'll be paying $15.00 for a $2.00 hamburger.
minimum wage Jobs are for the young or unskilled and never meant to be a livable wage. Don't like
minimum wage then stay in school stop having babies at 15 so you can get a real job.

Once it's $15 in 2020 in L.A which is right around the corner we know that there will be marches and protests and SJW politicians saying $15 is a slave wage and it needs to be $20 hr.