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And? Whats your point? Its going to happen anyways, your argument is simply "let people be poor because its better to work them, then the robots even if they can't afford a apartment and have to be subsidized by the government"
I know of several dozen jobs at one NY plant on the chopping block over the 2017-2019 MW hikes. Those affected are not re-employable as they lack the skills to merit that higher rate, and are not fluent in English.
At the 2017 rate, they would retain their jobs.
Multiply that across thousands of small to medium sized employers across NYC.
I know of several dozen jobs at one NY plant on the chopping block over the 2017-2019 MW hikes. Those affected are not re-employable as they lack the skills to merit that higher rate, and are not fluent in English.
At the 2017 rate, they would retain their jobs.
Multiply that across thousands of small to medium sized employers across NYC.
Companies used to invest in their workers, so as to increase their value. Employees are a company's greatest asset, in my honest opinion.
I think the influx of illegal labor sort of put a monkey wrench in that equation though.
I know of several dozen jobs at one NY plant on the chopping block over the 2017-2019 MW hikes. Those affected are not re-employable as they lack the skills to merit that higher rate, and are not fluent in English.
At the 2017 rate, they would retain their jobs.
Multiply that across thousands of small to medium sized employers across NYC.
Ahhh! The realities of economics tend to kick stupid people in the head on a regular basis. "We want to raise the minimum wage to help to lowest paid workers! What do you mean they just lost their jobs because the company cannot afford to keep them employed at their new minimum wage?"
The principles of economics are undeniable yet far too many want to completely discount them for their utopian dream world where pixie dust and unicorn farts produce wealth for everyone as they all have their sunshine and lollipops, sipping pina coladas in the setting sun.
Thanks Bob for your post which was a breath of fresh air, and filled with reality and truth... not some fictional world that is every progressive's fantasy.
Yep. I think most people are unaware of how fast automation is coming at us. And we are not prepared for the fallout. And it's not just in blue collar factory jobs, it's coming to white collar jobs as well, and sooner than we are prepared for.
So the answer to the OP is, the good paying factory jobs ain't coming back. If you believed Trump, you were sold a bill of goods by a very good con man.
Sadly, the factory jobs of the future will involve a level of cognitive skills and the ability to work with facts that many lack.
Ahhh! The realities of economics tend to kick stupid people in the head on a regular basis. "We want to raise the minimum wage to help to lowest paid workers! What do you mean they just lost their jobs because the company cannot afford to keep them employed at their new minimum wage?"
The principles of economics are undeniable yet far too many want to completely discount them for their utopian dream world where pixie dust and unicorn farts produce wealth for everyone as they all have their sunshine and lollipops, sipping pina coladas in the setting sun.
Thanks Bob for your post which was a breath of fresh air, and filled with reality and truth... not some fictional world that is every progressive's fantasy.
says the poster from Job haven and fiscal all star Kansas....
I know of several dozen jobs at one NY plant on the chopping block over the 2017-2019 MW hikes. Those affected are not re-employable as they lack the skills to merit that higher rate, and are not fluent in English.
At the 2017 rate, they would retain their jobs.
Multiply that across thousands of small to medium sized employers across NYC.
So what is happening with those several dozen jobs? Are they unnecessary? Replaced by robotics/automation? No company would cut out jobs if it meant necessary work would go undone. There's more to this than you're telling us.
Most likely the remaining workers will be forced to do the jobs of those the company lets go in addition to their own work. We see that all the time when companies reduce headcount. Those left have to work twice as hard for no increase. But hey, as long as the executives in the C-suite are not losing anything, it's all good.
Companies used to invest in their workers, so as to increase their value. Employees are a company's greatest asset, in my honest opinion.
I think the influx of illegal labor sort of put a monkey wrench in that equation though.
When warranted, they still invest in them, but contrary to left wing fairy tale land, not all jobs, nor all applicants, can take advantage of or utilize advanced training. In the interim, NYC's wacky move will cause massive low skill unemployment.
So what is happening with those several dozen jobs? Are they unnecessary? Replaced by robotics/automation? No company would cut out jobs if it meant necessary work would go undone. There's more to this than you're telling us.
.
Robots will do the work, with the cost offset by a giant RIF.
Companies used to invest in their workers, so as to increase their value. Employees are a company's greatest asset, in my honest opinion.
...
Profit is now a company's greatest asset.
If a company can make more profit by loading the debt from several other companies into the one you work at, and then declare bankruptcy, they will do it in a heartbeat.
If they can make more money by buying up several companies and laying off a bunch of people, they will do it in a heartbeat.
If they can make more money by outsourcing your job, they will do it in a heartbeat.
If they can make more money by installing robots, they will do it in heartbeat.
There is no reason to invest in workers you may not need in six months.
Last edited by GotHereQuickAsICould; 04-28-2017 at 06:27 PM..
Robots will do the work, with the cost offset by a giant RIF.
So, it has nothing to do with the increase in minimum wage. It's all about automation, which is more cost effective than human employees. And which will be eating up millions and millions of jobs in the coming years. MW was merely a red herring in your post.
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