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To: PapaBear3625
It will be an economy of abundance, but....
  1. How do people obtain a living in a world with a severe shortage of jobs?
  2. Will most of us be dependent on government handouts?
  3. Will robot owners have to be taxed at levels currently thought excessive to provide for the masses?
  4. How will international trade be affected when countries have unequal levels of automation?
  5. Do the less automated countries allow the more automated countries to put their people out of work, and indebt the country?

44 posted on 05/28/2015 11:33:59 AM PDT by DannyTN
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To: DannyTN

“1. How do people obtain a living in a world with a severe shortage of jobs?”

Take out a mortgage on your organs. If you can’t pay it back when the loan comes due, we take your liver :)

“2. Will most of us be dependent on government handouts?”

Well, with no tax revenue, the government will be broke too, so not likely.

“3. Will robot owners have to be taxed at levels currently thought excessive to provide for the masses?”

Even taxing them 100% won’t be enough to provide for the masses, just as we couldn’t function today by taxing only the rich. Without the middle class to take up the slack, we’ll still fall short.

“4. How will international trade be affected when countries have unequal levels of automation?”

I don’t know, but I’m sure liberals will do plenty of complaining about it.

“5. Do the less automated countries allow the more automated countries to put their people out of work, and indebt the country?”

What choice do they have in the matter? It’s not likely they could go to war over such things, since they couldn’t compete with an automated military either, and closing your economy off to the outside is only a viable option for a small minority of countries.


48 posted on 05/28/2015 2:48:49 PM PDT by Boogieman
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