Remember this political hack?
NYT: Bernie (I never earned a paycheck until I was 40) Sanders proposes a Federal Minimum Wage of 15 dollars per hour.
Far from 'stimulating' growth, because now low-wage laborer's can go out spend spend spend on made-in-china frivolous stuff, which is 'good for the economy' (destroying the Earth's ecosystems in the process) all that has happened is SOME workers get a 'raise' while many other workers get fired.
Which is EXACTLY what was predicted to happen.
Consumerist: Wendy’s Installing Self-Ordering Kiosks In 1,000 Restaurants.
In the free-market there is no 'economic' incentive for fast-food to pump money into the development of robots. The labor market for low-skilled labor is overflowing with people who want a job (like all those B.A graduates in social equality studies). The ONLY reason a restaurant owner, or anyone buying anything for that matter, pumps money into robotics at this end of the market, is to save money on labor. That cost is pushed through in inflation (which GiverMint loves as this helps with its' own debts) and crushes the low-skilled worker who now not only lacks a job, but is stuck pay MORE for low-end products. Add to this ridiculous regulations and almost every business with the means to do so, moves overseas - further harming the poorest and the hourly worker.
Thank Demagogues like Bernie, and there's a LONG history of them, for helping to revitalize the robotic industry - at the cost of low-skilled workers. But hey, it's not like Bernie's ever owned a successful business that employs thousands of employees (or worked a day in his life outside of peddling snake-oil and other B.S.).
NYT: Bernie (I never earned a paycheck until I was 40) Sanders proposes a Federal Minimum Wage of 15 dollars per hour.
Far from 'stimulating' growth, because now low-wage laborer's can go out spend spend spend on made-in-china frivolous stuff, which is 'good for the economy' (destroying the Earth's ecosystems in the process) all that has happened is SOME workers get a 'raise' while many other workers get fired.
Which is EXACTLY what was predicted to happen.
Consumerist: Wendy’s Installing Self-Ordering Kiosks In 1,000 Restaurants.
In the free-market there is no 'economic' incentive for fast-food to pump money into the development of robots. The labor market for low-skilled labor is overflowing with people who want a job (like all those B.A graduates in social equality studies). The ONLY reason a restaurant owner, or anyone buying anything for that matter, pumps money into robotics at this end of the market, is to save money on labor. That cost is pushed through in inflation (which GiverMint loves as this helps with its' own debts) and crushes the low-skilled worker who now not only lacks a job, but is stuck pay MORE for low-end products. Add to this ridiculous regulations and almost every business with the means to do so, moves overseas - further harming the poorest and the hourly worker.
Thank Demagogues like Bernie, and there's a LONG history of them, for helping to revitalize the robotic industry - at the cost of low-skilled workers. But hey, it's not like Bernie's ever owned a successful business that employs thousands of employees (or worked a day in his life outside of peddling snake-oil and other B.S.).