The Necessity for Higher Wages - Heiner Flassbeck on Reality Asserts Itself

More lefty talking points. (lefty because it doesn’t conform with modern day economic dogma)

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12188

Good stuff:)

this is not anything extravagant , just the American Dream ,

Higher wages mean more robots. Even my trash and recycling is picked up by robot nowadays.

Are you unfamiliar with the concept of inflation? Perhaps these low skill workers should spend less time bitching about their low paying jobs and more on cultivating their human capital.

[quote]yorik wrote:
Higher wages mean more robots. Even my trash and recycling is picked up by robot nowadays.[/quote]

they are coming regardless

Yes, I’m familiar with inflation… Are you familiar that they have been talking about it for years now. Where is it?