PK1
Gold Member
- Jun 26, 2015
- 3,904
- 529
- 140
---Well, if we idiotically increase the MW to $15 then we kill the low wage jobs. Nobody can afford to pay $15/hr for menial labor. The market isn't there. It's a nice fantasy to have but it's not practical. So you're going to kill the low wage jobs and you're correct, there will be more people on public assistance and more crime.Boss said there will be no more low-wage jobs. I was simply responding to that claim.
The 1% still needs workers for non-robotic jobs, and will pay $15/hr if it's still profitable, which will be the case. The small businesses will have more adaptive stress, and may hire fewer workers ... until they adapt.
Public assistance OR more crime, is the way i look at it. Public assistance can include education or training for skills in demand.
.