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To: central_va
You have no idea what you are talking about. It's kinda funny actually.

Here's a clue to what Rowe is talking about - raises in the minimum wage have a direct impact on the SPEED that automation is implemented. Rowe (nor anyone) is saying minimum raise is the ONLY cause of automation.

Let's see if I can keep this simple enough for even you....a fast food employee makes $8/hour. The cost of a machine to replace what he/she does costs $12/hour. Employee keeps job until the cost of the automation gets below the wage cost. Now, via increase in the minimum wage, the same employee has to make $15/hour. Guess who is now out of a job?????

29 posted on 02/25/2015 12:00:01 PM PST by safeasthebanks ("The most rewarding part, was when he gave me my money!" - Dr. Nick)
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To: safeasthebanks

The reason to automate are many, the cost of minimum wage is near the bottom of the reasons.


30 posted on 02/25/2015 12:01:33 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: safeasthebanks

What the employee makes is not the full cost of employing them either.


32 posted on 02/25/2015 12:04:00 PM PST by GeronL
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To: safeasthebanks
Minimum wage laws cause loss of jobs and reduction of service too, for example ...
37 posted on 02/25/2015 12:21:16 PM PST by shove_it (The bigger the government, the smaller the citizen -- Dennis Prager)
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