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A healthy economy needs workers of all skill and income levels. We're more or less moving to the rich and poor economic model.Many people who have worked low-paying service jobs are not suddenly going to become engineers and lawyers, but more like welfare recipients. One of the posters above said that everyone should be in intellectual jobs. Do you really think everyone is an intellectual or capable of being one?
And besides that, will enough "intellectual jobs" be created to absorb all of these people who will be displaced by automation?
Just compare a company like Ford Motor Company and Twitter.
Ford, who hires a ton of people to assemble automobiles, hires 181,000 employees (actually down from a peak of 210,000 back in the late 90s).
Our Jack n the Box already has this. You have the option to order through a person at the counter or use the touch screen located next to the counter. Based on how long it takes some people just to use self checkout lanes or Redbox, this could backfire if they don't also have someone at the counter taking orders, or have 6 or 7 order machines.
$15.00 per hour x 40 hours x 52 weeks a year is just over $31,000/yr gross. Wow, yeah, someone is really going to have a lavish lifestyle on that kind of salary in 2014, huh?
The whole "$15.00 per hour, OMG!" is just a stupid thing the neo-cons have seized on. No one really believes the minimum wage is going to increase to that. Most realistic proposals are for around $10.00/hour. But, as pointed out, automation was going to happen eventually. Soon enough, a guaranteed basic income will come to the US as a result.
Thank you!!!
This "minimum wage increase", regardless of whether it's to $10 or $11, will do next to nothing other than cause businesses to cut back on labor.
I keep seeing these posts of "I can't support my family with the current minimum wage." Well guess what? You STILL won't be able to support a family with $10, $11, or even $15/hr, unless you work 80 hours a week.
McDonald's is not meant to be a job used to support a family.
And besides that, will enough "intellectual jobs" be created to absorb all of these people who will be displaced by automation?
Just compare a company like Ford Motor Company and Twitter.
Ford, who hires a ton of people to assemble automobiles, hires 181,000 employees (actually down from a peak of 210,000 back in the late 90s).
Meanwhile, Twitter ONLY hires 3,000 employees...
Ok but the fact of the matter is that tech jobs have been increasing significantly.
Google nearly doubled their workforce in four years. Ford has never grown that fast and neither has GM.
Ebay has double their workforce in four years, Amazon has grown THREE FOLD in four years etc.
So you might argue on raw numbers but the growth is sky high. Automotive is the last thing anyone wants to enter. It has been on the decline since the late 1970's. Unless you have a tech degree I wouldn't advocate for it because everything with cars these days is computerized and automated.
I do not see where this $15/hr figure is stemming from. To make that where I live you need a concentrated associates degree at the very least. I invested my time, and money, studying and working at the same time. Why should another person who makes bad decisions to have kids without an education, or money get the same pay? I never understood why everyone expects to have the same standard of living, regardless of what you choose to accomplish.
This is coming from the protests that started in Seattle resulting in a $15 per hour minimum wage that was just recently passed in the city. That sparked some talk of pushing for that nationwide with protests around the country- but from what I understand the national push didn't really go anywhere.
Regardless of where you are in the United States, if you stop into a McDonald's you know what to expect. The buildings look fairly similar, the staff will be dressed in pretty much the same attire, and you'll be offered the chance to buy food that will make you spend the next four hours either sleeping or moaning as you regret your purchase. However, one location is very different. It's in Romeoville IL, and it's next door to what's known as the "McDonald's Innovation Center."
This is coming from the protests that started in Seattle resulting in a $15 per hour minimum wage that was just recently passed in the city. That sparked some talk of pushing for that nationwide with protests around the country- but from what I understand the national push didn't really go anywhere.
So now do the tech guys and machine operators in Seattle who were previously making $15/hr (nearly double the minimum wage) see a near %100 pay increase as well? That would only be fair, right? Raise wages across the board, if they're going to do that. Not just the wages of the ultimate, most unskilled labor class there is...
So now do the tech guys and machine operators in Seattle who were previously making $15/hr (nearly double the minimum wage) see a near %100 pay increase as well? That would only be fair, right? Raise wages across the board, if they're going to do that. Not just the wages of the ultimate, most unskilled labor class there is...
Doesn't work that way. Increasing the minimum wage does not cause a 100% price increase. Not even close. Cost-push inflation (wage hikes) is the weakest form of inflation.
This is just a FOX News phrase uttered by the pundits. FLSA meant any full time job was supposed to be livable.
I need a citation.
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