Remodeling Maidiac
Diamond Member
- Jun 13, 2011
- 101,230
- 46,219
- Thread starter
- #21
Not every business uses automation lol.One other question...if business have been able to increase efficiency through automation, making it work with automation, fewer employees and using freelancers (no benefits, health insurance, or pension costs)...why would they start adding jobs and cutting into profits? One reason I am skeptical of the rainbows and unicorns infesting these claims.Businesses don't hire based on 10 year trends or prospects. They hire based on their current needs. Thanks to the tax cuts MANY businesses see the opportunity for expansion & are responding appropriately to maximize their profitability. Which will & has resulted in New jobs created & new revenue streams for the irsThey do but they take the longview and they look for stability. They dont make rapid changes. Remember Obama's tax cut done as a stimulous? And Bush's? Neither had any appreciable effect did they?Investors make plans based on current events and prospects for returns based on the current & near future climate.Economic policies take years to play out and for us to see an effect. I think most of what you see is the cumumlative effects of several years or even decades worth of policy and many factors that arent even under a presidents control.
And for every automation job someone has to create the robots, program the electronics, build facilities or expand, feed the programmers, build houses or apartments for the programmers, etc.. on & on & on