We need to tax corporations like we did in 1950!
We need to raise tariffs
And we need to break up giant corporations that harm American competition.
We need to make it hard to offshore!!
Pro-American economic policies!!!
We once again need to value our infrastructure, our science institutions and our educational system!!!!
The US gross domestic productivity is rising -- we're making MORE stuff -- yet our wages are falling and jobs are stagnating.
How can that be? How can we making more stuff of greater value, and still have fewer jobs at lower wages?
AUTOMATION, that's how. Bank tellers are replaced by ATMs; cashiers are replaced by self-checkout scanners; well-paid machinists are replaced by assembly-line automation. Next on the list is cab drivers and long-haul truckers, who will lose their jobs as soon as insurance companies have enough actuarial data to prove that self-driving cars and trucks are safer.
The old capitalism isn't going to work anymore.
Think your job is immune from automation? Think again. I'm an electrical engineer with experience in the digital electronics industry. With very few exceptions, ALL human labor will be replaced, because robots will be cheaper and more efficient. They will be doing EVERYTHING.
We will need far more than token "socialism" to restructure our economy in a new world where every task is automated. One idea is to stop taxing human workers and instead TAX THESE WORKERS:
If you have any better ideas, I'd love to hear them. I'm sure that Bernie Sanders will be listening, too. He is at least aware of the problem and willing to address it.
-- Paravani
Stop .. you're killing me.
