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by dreamache
2810 days ago
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"Bezos is no fool. He will reduce his headcount, and step up his automation effort to eliminate as many low-skilled jobs from Amazon. Then he will lobby Congress to increase the minimum wage for his competitors that still employ lower-skilled workers. As these competitors will lack the resources to automate, they will be driven out of business, and all their workers will lose their jobs. Less competition will make it easier for Amazon to raise prices." - Peter Schiff I'm all for voluntarily raising wages for your employees; that's a great thing. But if we see that Amazon is backing efforts to raise the minimum wage, we'll know Schiff was right. |
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1) Don't support lowering the minimum wage = Democrats + labor groups hate on you for not paying workers, even if you can hire more of them = anti-labor 2) Support the minimum wage nationally + across their international workforce = "This is an automation ploy + competitive advantage = anti-labor
There seems like no ideal approach for low-skilled labor here that won't seem anti-labor in the short-to-medium term