If you can get a job for $15 an hour nobody is going to want to do construction for $18.
Housing costs are going to skyrocket and we will be flooded with cheap Mexican laborers. I don't care, I'll switch gears and make the same amount. But the jobs that are going to be lost will not just be cashiers at McDonalds...
There is a definite snowball effect. it starts with unemployment, then ends with inflation to the point of equilibrium. Which basically means the people on the bottom will end up still on the bottom with the same buying power, no matter what the dollar amount they are paid. People hurt the worst will be people on fixed income with large cash savings. Basically elderly people.
I am opening a university-level school for the building trades. For only $1,000 for each of the 8 semesters, you can learn various building trades on actual work sites, as long as you are willing and able to put in 8 hours per day, five days per week under our direction. With luck you may be able to qualify for a Pell grant to pay for most of your expense!
Seems like a stark line between the haves and the have nots. The haves maybe just getting $15/hr but at least they are getting something. Take that wealth inequality.
So do the globalists. Automate the remedial jobs, force people’s dependence on The Almighty State because the labor market hasn’t evolved fast enough to deal with automation. The automating of these kinds of jobs is inevitable, but forced wage increases accelerates it and makes people rely on the government for money
kind of like taking a vaccine that leaves you at greater risk than the virus it was designed to protect you from
If you can get a job for $15 an hour nobody is going to want to do construction for $18.
Housing costs are going to skyrocket and we will be flooded with cheap Mexican laborers. I don't care, I'll switch gears and make the same amount. But the jobs that are going to be lost will not just be cashiers at McDonalds...
Didn't he say he wasn't going to do it though?
There is a definite snowball effect. it starts with unemployment, then ends with inflation to the point of equilibrium. Which basically means the people on the bottom will end up still on the bottom with the same buying power, no matter what the dollar amount they are paid. People hurt the worst will be people on fixed income with large cash savings. Basically elderly people.
It's okay, Well just get UBI with the Green new deal....
The CBO always underestimates the damage of Democrat policies.
Kinda like ending homelessness and hunger by feeding half of the homeless to the other half.
I am opening a university-level school for the building trades. For only $1,000 for each of the 8 semesters, you can learn various building trades on actual work sites, as long as you are willing and able to put in 8 hours per day, five days per week under our direction. With luck you may be able to qualify for a Pell grant to pay for most of your expense!
How is that going to work?
I'd take an unpaid intern.
That's my point. It's an opportunity to pay to learn when all the minimum-wage jobs are replaced by $15 jobs.
Good news, shareholders: We're back in the black!
Seems like a stark line between the haves and the have nots. The haves maybe just getting $15/hr but at least they are getting something. Take that wealth inequality.
Oh, but the poverty line will just have to be revised upwards.
That fucking whopper the guy flops for 15 an hour better look just like the picture on the ads.
Do it. I want more robots.
So do the globalists. Automate the remedial jobs, force people’s dependence on The Almighty State because the labor market hasn’t evolved fast enough to deal with automation. The automating of these kinds of jobs is inevitable, but forced wage increases accelerates it and makes people rely on the government for money