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Today another bad day for the Bidenomics
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(04-26-2024, 07:09 PM)SunsetBengal Wrote: Do you understand that States that are artificially raising the minimum wage are also adding to the current inflation problems? People with no marketable skills are losing jobs because consumers can't/won't absorb the higher prices and now minimum wage places of employment are closing as a result. Those very people are now having to depend upon upon the Government programs to survive even more that previously.

It will be a major problem going forward as technology takes away more jobs. When fast food restaurants have Ai taking your order and robots making the food. That’s a lot of jobs for unskilled labor disappearing.

When presidential candidate Andrew Yang was talking about universal basic income back in 2016 I don’t think he knew the Ai revolution was coming so soon. And we are still not having the UBI discussion. But without it in my lifetime, and with big business like Arrived backed by Bezos and investors buying up housing, it’s going to be ugly. We need to think bigger than minimum wage jobs.

Do you understand it is more expensive to manufacture in the USA compared to places like China and Mexico?

I’m willing to pay more for made in USA. Are you?
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RE: Today another bad day for the Bidenomics - NATI BENGALS - 04-26-2024, 07:39 PM

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