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Sure, but minimum wage, meant to "help" the un/low skilled among us, actually speeds up their race to obsolescence. Go the grocery store. There are fewer employees than 20 years ago. Go to an office building and look for a typing/secretarial pool. Hell, Amazon is doing its level best to eliminate the brick and mortar retailer entirely, and now they are trying to eliminate the physical portion of distribution? Look at the number of people employed in farming and manufacturing now vs 50 years ago, and then compare employment levels to output and capacity utilization. With all those lost jobs, who do you think went first...all the folks at the top end of the skill set, or the ones at the bottom?
I work in IT. Technology is our best pal and worst enemy. The successful in my world know this and adapt to it. The folks who get outsourced, eliminated, etc...they sat back and let it happen. Sure, we do have things other than minimum wage to worry about, but those are all market forces that are often beyond control. Minimum wage laws are perfectly within our control, and we do more harm with them than good, period, the end.
Keep trying to "defeat" an immutable law of the universe. You'll never succeed, but it's good for lulz to watch you try.
There would be fewer grocery store employees today compared to 20 years ago even if minimum wage was still $3hr. If the technology is there, we are going to use it regardless what employees are paid.
There would be fewer grocery store employees today compared to 20 years ago even if minimum wage was still $3hr. If the technology is there, we are going to use it regardless what employees are paid.
Nope. If technology is there and affordable this is the case, but just because the technology exists does not mean that employers are going to embrace it.
Nope. If technology is there and affordable this is the case, but just because the technology exists does not mean that employers are going to embrace it.
You would be surprised, especially if the employers can get people to pay more for the technology. 3D technology is still expensive, yet people gladly pay more for those 3D movies.
Sure, but minimum wage, meant to "help" the un/low skilled among us, actually speeds up their race to obsolescence. Go the grocery store. There are fewer employees than 20 years ago. Go to an office building and look for a typing/secretarial pool. Hell, Amazon is doing its level best to eliminate the brick and mortar retailer entirely, and now they are trying to eliminate the physical portion of distribution? Look at the number of people employed in farming and manufacturing now vs 50 years ago, and then compare employment levels to output and capacity utilization. With all those lost jobs, who do you think went first...all the folks at the top end of the skill set, or the ones at the bottom?
I work in IT. Technology is our best pal and worst enemy. The successful in my world know this and adapt to it. The folks who get outsourced, eliminated, etc...they sat back and let it happen. Sure, we do have things other than minimum wage to worry about, but those are all market forces that are often beyond control. Minimum wage laws are perfectly within our control, and we do more harm with them than good, period, the end.
Keep trying to "defeat" an immutable law of the universe. You'll never succeed, but it's good for lulz to watch you try.
Couldn't agree more with you on that. I worked IT for over 20 years and feel the same way.
Adjust, adapt or be left behind.
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