General Discussion
In reply to the discussion: A 16 year old should absolutely make $31K [View all]HughBeaumont
(24,461 posts)Businesses have no choice but to automate if the minimum wage is raised even to correct for inflation.
We will have to be robotics experts, which requires years of expensive training and credentials out the yin-yang to compete with the people who are already there now. Or go back and re-live the expensive college experience . . . again . . . until we're in a career that isn't offshoreable or prone to being replaced by a robot.
Automation is going to take over not only blue collar work, but white collar work as well.
Even if you were in favor of a Guaranteed Minimum Income, there's no way in hell it's going to be enacted even if America is in supreme need of it (never mind how it's going to get paid for if there's no revenue coming in and everyone's on a continued dole).
. . . . . I'm . . . failing to see how Capitalism continues if we have millions of workers, former or current, with no disposable income.