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by smileysteve
247 days ago
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To jump in on the political, in minimum wage "debates" the conservative side was always that higher minimum wage will encourage automation. But as we look at post-pandemic automation (the counter operator is mostly replaced by an app) or automation (China's robots per capital), or tax policies that encourage capital spending (2018 tax bill, depreciation) it becomes obvious that automation will happen and is in many ways good. But our policy makers, media, and therefore average voter miss the forest for the trees. |
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