Wendy's to Increase Automation in response to Wage Increases and Rising Minimum Wages (companies, layoffs)
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UBI will first of all replace social security since UBI will involve everyone.
Plus, if we were to grant every single family in this country UBI (113 million families, average size: 2.6 people per household) 20K per year. That'll cost about 2T.
The real cost would be lower since there's various exceptions: single, family with kids, COL, etc...
2T sounds like a lot, until you realize the taxes on the rich has been at a historical low for quite some time now. Back before Reagan, taxes were above 80% versus 39.6 now and capital gains is at 20% for the highest income right now before it was 40%+ . If we were to raise those taxes back to the pre-Reagan era, combined with some shuffling of military expenditures and increases in corporate income taxes and so forth, we'll easily pay for it.
Remember FICA as it is now, requires a 7% tax on the individual and a 7% tax on the employer. All we're doing is raising that and making it more progressive. So that we don't allow big rich corporations to buy politicians like they do now and/or offshore money overseas.
I remember those days at 80% taxes, you could write off everything and pay less taxes, oh for those good old days.
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Quote:
Originally Posted by GHOSTRIDER AZ
Minimum wage is or was better than that, however ever it is happing all over. Sonic and most chain grocery stores and Home Improvement Centers, have self check out. The end result is people is not needed.
. Again the Liberal mindset is focus on the small picture not the big picture. Industry and technical jobs are the key, instead of competing with a Illegal Immigrant or a HS Person.
Liberalism has failed America Again!
Again, what does this have to do with liberalism or raising the minimum wage if the cost of the kiosk is less than that of current minimum wage ????
This kiosk is more cost effective than any person would be, and a person could only come in at a better offer if they were wanting to be paid less than 2.40 cents an hour.
Quote:
The other point these jobs are suppose to be start jobs not careers
a part time fry cook is supposed to be a starter position. Shift manager, not so much.
UBI will first of all replace social security since UBI will involve everyone.
Plus, if we were to grant every single family in this country UBI (113 million families, average size: 2.6 people per household) 20K per year. That'll cost about 2T.
The real cost would be lower since there's various exceptions: single, family with kids, COL, etc...
2T sounds like a lot, until you realize the taxes on the rich has been at a historical low for quite some time now. Back before Reagan, taxes were above 80% versus 39.6 now and capital gains is at 20% for the highest income right now before it was 40%+ . If we were to raise those taxes back to the pre-Reagan era, combined with some shuffling of military expenditures and increases in corporate income taxes and so forth, we'll easily pay for it.
Remember FICA as it is now, requires a 7% tax on the individual and a 7% tax on the employer. All we're doing is raising that and making it more progressive. So that we don't allow big rich corporations to buy politicians like they do now and/or offshore money overseas.
I agree, corps can pay a lot more tax, and I mean a lot. But it will require a massive trade agreement that has heavy oversight and ensures all play fair.
Very high taxes on profits and no consumption taxes to encourage spending. Within 20 years there will be almost no jobs for the masses, so either kill them or embrace them. otherwise it will be a dystopian world like we can not believe.
UBI really looks like the only option that might prevent craziness on a massive scale.
I'd rather deal with the automaton that works behind the counter now than the automaton that is coming.
At least the one now seems to be breathing and there is a little sparkle in his/her eyes... something I can identify with.
They don't handle the inside customer flow well at all, like most fast food places it is all about keeping the the drive through window traffic moving. Kiosk service will help since they are never seem adequately staffed to handle both.
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