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To: markomalley
Cruz clearly sees what happens with a $15/hour minimum wage: less people will be hired and places like fast-food restaurants will increase automation, hiring less staff along the way. Indeed, McDonald's and the owners of other major fast-food outlets are seriously studying automating the process of buying food as much as possible.

In short, even the Left has forgotten one lesson of Karl Marx: the higher the wage you go, the more reliance on machines you get.

20 posted on 04/19/2016 12:56:27 PM PDT by RayChuang88 (FairTax: America's Economic Cure)
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To: RayChuang88

I see automated check-out lines all over the place. A few years ago, I seldom saw any.

In the intervening years, we’ve had lots of pressure on Walmart to raise wages, lots of talk about paying a “living wage,” and lots of talk of raising the minimum wage.

Retailers all over are preparing to phase out many low paying jobs. They are doing this because of the political pressure to raise wages.


21 posted on 04/19/2016 1:17:06 PM PDT by ChessExpert (It is not compassion when you use government to give other people's money away.)
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