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Politics : Mainstream Politics and Economics

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To: Broken_Clock who wrote (37694)1/15/2013 1:41:20 AM
From: i-node1 Recommendation  Read Replies (1) of 85487
 
>> compare this chart with the charts below:

Yet, according to liberals, that average should have increased consistently due to the ever-increasing minimum wage.

The reality is that "Real Average Hourly Earnings" will continue to decrease because the workers who earn these average rates are not worth what they're paid and are therefore being replaced by machines at an ever-increasing pace.

As they should be.

If you want to have a job in the future you damned well had better be in an industry that designs the machines rather than one that is replaced by them.
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