SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: koan who wrote (81594)7/6/2018 11:29:11 AM
From: zzpat1 Recommendation

Recommended By
bentway

  Read Replies (3) of 360081
 
The wage issue is kinda cool. CEOs don't want to pay workers. This is showing up in the numbers again today. When voters force them to pay more, they pay more. Where does all the money that used to go to workers go? To them, the board and investors. Machines do the work, investors get the profits and the country declines (GDP is rapidly becoming irrelevant). How much a machine produces doesn't tell us much about the economy.

We'll need to switch to a system based on consumer spending to tell us how the economy is doing and forget GDP.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News