Thursday, February 23, 2017

Jobs and Automation

President Trump ran and was elected on jobs. If you listen to democrats, there are more jobs than people, which means labor must be Imported. Since the beginning of the industrial age people have been worrying that machines would replace humans, which is the main topic of this writing.

A friend and I were discussing economics when he asked me what I thought about minimum incomes and wages. I told him that in the USA the economy is regional and not national. For that reason any minimum wage should be regional or restricted to the state.