Quote:I am excited about the new markets this will open up. Yes this could put personal deliveries out, but such is the life in the free market.


I was also a bit skeptical about increasing minimum wage like the president wants to do, but the more I think about it, the more I am ok with it. It will force businesses to seek ways to cut costs through automation. This means a lot more work for engineers, developers, and the like. The only thing I am concerned about is that while this will bring up the quality of jobs, the lowest-common-denominators who are only capable of menial tasks like food service or delivery are now stuck in a weird, parasitic position. This will likely result in an even greater income inequality and welfare state, but it almost seems required as technology progresses. You cannot hold back the future and technological growth because individuals refuse (or cannot) contribute to socitety. You basically have to sit them on welfare, forget about them, and move on.

I think if you raise minimum wage up to where I've been hearing, you will find pretty much every ones prices going up to adjust for it. Leaving it to be how things are now just with higher prices, those minimum wage workers will still be in trouble trying to afford a place to live and what not. May even send more small businesses closing their doors.

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