With that said why is not the minimum wage increase? Minimum wage has not been increased any more than it is because many people are concerned as to what an increase in minimum wage will do to our economy. If the minimum wage was set at a higher dollar amount it could increase wages for millions. One concern with increasing the minimum wage is that people believe that if the minimum wage is increased others will lose their job in order for employers to pay the new minimum wage. People believe their jobs will soon be replaced with robots.
Obviously, robots will cost a large chunk of money, with all the technology behind them. The military already use robots, they are currently used for health care and home cleaning. What will they be used for in the future? I believe they could act as anything a person aspires them to be. One of the largest areas that robots will be used for in the future is driverless cars.
One of these is the advancement of technology in America. A couple hundred years ago companies had to rely on human workers in order to get their products made. But as technology got more advanced as time went on and around the early 1900s is when machines got to the point where the machines were able to do simple tasks that they would originally have to pay people to do. So the companies started to replace jobs with the machines, which lowered the amount of jobs significantly. This still continues today and is even worse than before, the most recent example being the electronic cashiers at McDonald 's recently been added, which will cut a significant amount of jobs for people.
If college were to be free the immediate problems would be the collapse of the entire college business industry and the fact all of the sudden taxes rise by a lot, but eventually as more and more people start to graduate from college and get jobs the economy would build and as many studies show that more educated people tend to make better decisions in life which will make us grow as a nation. A very successful nation in today 's society Germany has free college, it is also one of the key parts of the Bernie Sanders run. A free college would also lead to everyone having a chance to build a successful future for themselves other than those who can afford 20000$. Also currently what this college system fails to recognize that not every is degree is not capable of making back that tuition fee, so in short its only worth it to get a music,philosophy or arts degree if you have rich parents.If you don 't but like any of those topics, then it sucks to be you. And moreover, there are so much better stuff you could do with 20000$ like You could buy a Mini Cooper or You can invest it for 30 years and turn it into $265,353 at a 9% rate of return or You could buy 40,000 donuts which is enough to last you 109 years (without inflation and the cost of your heart surgery) so many people tend not to go to college.
“From 2000-2010, exports of American goods jumped 66%; the export of services increased even more – 84% (Kinicki & Williams, 2012)”. Due to the rules and regulations for the companies that are settled in the United States, it is sometimes harder for the company to be successful. The United States has more safety regulations than other countries, like Mexico. The materials for companies in the United States are more expensive too. These are some of the reasons; companies have been closing their factories and businesses in the United States and moving elsewhere.
This is clearly evident in the three areas (educational, wealth and assets the labor market discussed above. Americans believe that if they work hard they will be able to attain upward mobility, but as the economic gap widen this belief is fading more and more. This gap will definitely have an impact on our nation if it continues to widen. Which could result into a permanent recession. The American constitution states “equality for all” yet hundreds of years later we are still struggling with equality for
Kennedy says in his news conference," If this rise in the cost of steel is imitated by the rest of the industry, instead of rescinded, it would increase the cost of homes, autos, appliances, and most other items for every American family. It would increase the cost of machinery and tools to every American businessman and farmer. It would seriously handicap our efforts to prevent an inflationary spiral from eating up the pensions of our older citizens, and our new gains in purchasing power"(line 23-31) This shows that when the decline of the companies it will seriously handicap the American people due to the large increase in prices. This is also shown in, "And it would surely handicap our efforts to induce other industries and unions adopt responsible price and wage policies"(line 43-45) This shows that it would seriously hurt Americans. Kennedy says more about how the prices are going to have a devastating increase in price, which is going to lead to competition in foreign markets as people are not going to buy our products if they are more expensive than other countries, this is shown in "how more efficiency and better prices could be obtained, reducing prices in this industry in recognition of lower costs, their unusually good labor contract, their foreign competition and their increase in production and profits
The increased number of people in the workforce, the increased amount of people spending money and taking out loans, and the increased tax revenue are just a few major benefits that more lenient immigration laws would introduce to the United States. One argument against immigration claims that, if everybody is highly educated then nobody is highly educated (Levitt 115). Something that comes up once in a while is the idea that the investment into your education could just lead to you getting a minimum wage job at McDonalds. This is due to the fact that the amount of populace that has attended higher education is too high in comparison to the amount of people who haven’t and are willing to work lower jobs.
In “Better than Human”, Kelly mentions that it will be a trend for robots to replace humans on most, or even every working position in the near future as a outcome of the development of automaton-related technology. “We need to let robots take over”, Kelly assures, “they will do jobs we have been doing, and do them much better than we can (Kelly 311)”. With his observation of the invention of Baxter, he is persuaded in a great extent that humans will acquire new jobs as their old jobs get replaced by automatons. This newly invented robot surprisingly contains several epochal features, disregarding its extremely low price compared to its predecessors. With its benefits, Baxter can be promoted easily and applied to many industries, decreasing the costs of production and even re-generating the market eventually.
Despite any benefits, many Americans would never take a job that requires no skills in the trade. As well, without the workload from illegal immigrant labor, produce would cost more to obtain and would need to be imported. The costs to import crops would increase the amount of businesses leaving America for cheap labor elsewhere. In response, Donald Trump planned to draw businesses and mass production companies to the US in order to increase manufacturing jobs. By persuading companies to resettle in the US, businesses would be harming themselves.