Sunday, February 28, 2016

If Most of the Minimum Wage Jobs Were Automated, What Would the Outcome Be?

Many days ago, the White House produced a report that the majority of minimum wage jobs will be fulfilled by robots sometime in the future.

Based on the shape and the momentum of this compression economy, do you think that quantity of unemployment will increase?  ... 

Side Note 
The White House staffers could have surfed the Brookings Institute's web site and the Washington Post and got the similar information. 

We have also projected and predicted the same comparable possibility in 20102012 and 2014.

In summary, there is nothing new under the sun.

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