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VIDEO: Meet The New Minimum Wage Workers – Amazing!

#9

Quote:Haha the Free Markets not to blame here! It's your beloved Government regulations and laws requiring pay beyond the value of the work completed, guess what damn straight companies are going to find ways to reduce production cost that directly effects their bottom line.

 

It's what I've told you all along, when you push an industry to pay more then the value they've assigned to a task they simply eliminate the need for that task to be completed. Instead of having 100 workers making $10 an hour in a factory they'll invest in machines to replace the remedial labor, this is skilled work your talking about.

 

As technology advances the non-skilled worker is going to have a harder and harder time finding work, that's why pushing for minimum wages for non-skilled workers (the only work that pays minimum wage is non-skilled work) is counter productive, companies will just eliminate those jobs.
Eh.... This was bound to happen regardless of minimum wage going up. Plenty of chain restaurants already have table side ordering and payment. Only interaction with waitress is for delivery and refills. I'm pretty sure a Chili's in St. Augustine has this... 

 

Companies will find any way possible to pay as little as possible to pad the bottom line and that includes getting rid of employees in favor of computer terminals. This was inevitable and will continue to happen even if living wages are not granted. 

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VIDEO: Meet The New Minimum Wage Workers – Amazing! - by boudreaumw - 12-04-2014, 03:06 PM



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