a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
goobster  ·  2662 days ago  ·  link  ·    ·  parent  ·  post: Trump rips Amazon, says it causes 'great damage to tax paying retailers'

There's a base premise here I do not agree with.

When there is a surplus of anything, the market figures out how to make money from it. A surplus of low-skilled cheap labor is not going to be idle for long, I expect. Someone is going to find that the economics of doing X are now viable, because labor is cheap and available.

This is not a zero sum game. Jobs disappear all the time, and new ones appear.

If there is enough market pressure (aka, if enough people are unemployed), someone will find a way to capitalize on that surplus.

What I DON'T want, is Walmart and their cynical corporate cronies to be allowed to pay less than a living minimum wage, because then the company pockets my money that should be going to the social safety net that supports my fellow Americans who genuinely need it to get through tough times.