Robots will replace most low paying jobs within a generation

Discussion in 'Economy' started by Old Texas Reb, Aug 27, 2018.

  1. OnePercenter
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    OnePercenter Gold Member

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    No, we need this because people are more important than profits.

    -Base Federal tax for corporations at 30% of revenue.

    -Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2018 rise in food, shelter, and transportation.

    -Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees with the Feds refunding city, State, and fees.

    -Companies with unlimited employees; employee expenses above the deduction are subsidized at 100% with funds usually give back to the States.

    -Adjust Social Security and private/public retirement and pension payments using 1970-2018 price structure.

    -Remove the FICA limit.

    -Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 15 years which will eliminate inflation.

    -Recall ALL off-shore investments tax free, and disallow any further off-shore investments.

    -Make inversion illegal.

    My plan would reduce business costs for employees and taxes to 30%. That's a 15%-30% drop.

    My plan would put BILLIONS into the economy daily.

    My plan would put the $100 trillion plus currently owned by corporate America back into the economy.

    My plan would end all welfare.

    My plan would significantly increase social security and pension payments.

    My plan would hold prices for 10 years, thus eliminating inflation.
     
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  2. Dan Stubbs
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    Dan Stubbs FORGET ---- HELL Gold Supporting Member Supporting Member

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    Someone has to clean up the place and wash windows.
     
  3. bear513
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    bear513 Diamond Member

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    So how are companies going to pay $23.50 an hour? And how are you going to force them to stay ?


    .
     
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  4. bear513
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    bear513 Diamond Member

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    Well they have been doing it that way in America for over 35 years (that I know about)


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  5. danielpalos
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    danielpalos Diamond Member

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    How would your plan, end all welfare?
     
  6. danielpalos
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    danielpalos Diamond Member

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    Structural unemployment happens; if the employer can Only make it on Cheap labor, they should fail.
     
  7. TroglocratsRdumb
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    TroglocratsRdumb Gold Member

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    But, the robot repair business will be booming
     
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  8. hadit
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    hadit Gold Member

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    Prices. Aldi prices are lower than comparable stores. That's the way we're headed, where you will pay a premium to have a human scan your goods and bag them.
     
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  9. hadit
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    hadit Gold Member

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    So pay higher prices. It's up to you, you know.
     
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  10. hadit
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    hadit Gold Member

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    Sure, but with a lot fewer employees.
     

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