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In reply to the discussion: Do we understand this??? Productivity is causing the high unemployment. The GOP does. [View all]lumberjack_jeff
(33,224 posts)16. Non sequitur.
The 5 or 6 people are already working on the robots. If the workweek were shortened 20% there would be 6 or 7 people working.
There are easily 20% of the workforce that is unemployed or underemployed. Employ those people and wages will rise. Alternatively, mandate 3 or more weeks of paid annual leave.
Wages rise because labor is constrained. If an employer can't find that 7th person to service the robots, he or she will offer a higher wage.
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Do we understand this??? Productivity is causing the high unemployment. The GOP does. [View all]
CK_John
Dec 2013
OP
The only jobs in play are being cut below 30hrs so they don't have to give benefits.
CK_John
Dec 2013
#5
I don't think so. The banks appropriated all of our taxpayer money in the bailouts.
CJCRANE
Dec 2013
#2
Do you mean pay the robots more, productivity increases replace people with automatic devices.
CK_John
Dec 2013
#6
When an industrial welding replace 9000 people in 1 plant. The only people working load
CK_John
Dec 2013
#8
tax wealthy people and profitable corporations sufficiently to force downward redistribution....
mike_c
Dec 2013
#9
We are facing a new world that requires less and less people keep the system running.
CK_John
Dec 2013
#11
Yep. This is the truth that we need to deal with. It should actually be good news, except for
reformist2
Dec 2013
#30
That myth is fundamentally untrue. Nothing but a meme to defend our pathetic economic policies
Taitertots
Dec 2013
#10
This is a world problem look at Greece, Ireland, Iceland and how come only 1/2 college
CK_John
Dec 2013
#14
The EU problems are just the result of their own self-destructive economic policies...
Taitertots
Dec 2013
#28
I just hate to admit the doomday survial groups were the only ones to get it and prepare.
CK_John
Dec 2013
#15
Lots of talk about a Basic Income (i.e. 10k or so to every person 18+) in the news
kelly1mm
Dec 2013
#22
Unemployed workers should be compensated. Obviously, it is the system that has failed to provide
grahamhgreen
Dec 2013
#36