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RE: Minimum Wage Economics and the Debate for Humanity

in #money8 years ago

I understand what you are saying, but at present, you are making some pretty big assumptions. I can not think of any minimum wage occupation that is even remotely at 50% automation. I personally am not a fan of wealth redistribution. However, I am a fan of wealth creation and I think that is where people should focus.

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I can not think of any minimum wage occupation that is even remotely at 50% automation.

Just compare getting potatoes out of the soil now and 100 years - heck 50 years - ago.