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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (859125)5/21/2015 5:18:35 PM
From: TimF1 Recommendation

Recommended By
i-node

  Read Replies (1) | Respond to of 1578306
 
You asked why they would be pushed out of jobs. I answered that they would be priced out of them. Asking why they would be priced out is an obvious next question but not the same question.

They would be priced out of them because many low skilled workers do not produce enough value for their employer to make it worthwhile to pay them $15/hour.



To: combjelly who wrote (859125)5/21/2015 5:27:09 PM
From: i-node1 Recommendation

Recommended By
TimF

  Respond to of 1578306
 
> It isn't clear why that would be the case.

It is clear, simple, and even those without any understanding of economics can understand it.

youtube.com