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Politics : View from the Center and Left
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To: stsimon who wrote (254648)7/1/2014 4:47:00 PM
From: Metacomet  Read Replies (1) of 541933
 
There are no SS taxes paid by the employers for robots, so over time the number of workers will continue to shrink even if immigration continues.

Lotta concepts at work here

There are no SS taxes paid on robots, but there will be fewer people drawing benefits downstream to compensate

The trend toward a smaller workforce is usually being accommodated by increased production

Given the political realities of our existing plutocracy, virtually the entire increment of production gain is being given to the plutocrats with minimal taxation...cause it ain't income, it's capital gains, to be later passed on tax free or minimally taxed as an estate

It is a situation that the capitalist model cannot accommodate

Any system has to work for all components, not just the owners

If we are to function as society, there needs to be some serious rethinking of how the wealth will be redistributed

..the current model cannot survive much longer

The chap that was talking about pitchforks has a correct read...
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