On Sunday, June 7, 2015 at 2:34:58 AM UTC-7, John B. wrote:
On Sat, 06 Jun 2015 19:21:45 -0400, Ed Huntress
wrote:

On Sat, 06 Jun 2015 18:01:17 -0500, Ignoramus26399
wrote:

On 2015-06-06, Gunner Asch wrote:
Btw....the unemployment figures are growing again..particularly in
places that have instituted that $15 min wage.


I am convinced that $15 minimum wage is a disaster for cities that
adopt them, because it will decimate low income communities through
unemployment and crime.

I am very interested in what happend to Los Angeles a few years after
their new minimum wage goes into effect.

Generally, robots will replace low income people anywhere, but not as
fast as where a high minimum wage is adopted.

After all, a robot can flip burgers pretty well!

i

If a robot can flip burgers, it won't make a damned bit of difference
what humans are making in wages. They're done, whether it's in five
years or five years and six months.

Nothing, absolutely nothing, will stop automation. And what wages are
being paid has nothing to do with it. The technology has it's own
pace.

But, I suspect that labour costs do have an influence on how quickly
robots will be added to the work force. If the robot is, say a half a
million dollars, and labour is $1.10 an hour then management looks at
the robot as something to be added in the future 1 robot=155 years of
labour. If labour is $15.00 an hour than the utilization of a robotic
work force becomes a much more important factor. 1 robot = 11.4 years.
--
cheers,

John B.

Moron. In-N-Out Burger starts new employes at close to $11 dollars an hour.

In-N-Out Burger's owner is a female and is worth over a Billion dollars.