Seems different than others.

Oh

He wants a universal basic income

Which is a pretty big change

denied

I think Yang should be running in about 8 years when job loss from manufacturing gets worse

manufacturing?

I mean the whole job loss from that sector can be made much better

just by deregulating and lowering the cost of labour

but evenetually some jobs will be gone, but be replaced by MORE jobs.

This is how the market re-allocates jobs.

It's better for everyone.

but why are we talking about a loss of manufacturing jobs in this decade?

The the question is if automation will take more jobs than create

it's been growing in the US

it's been growing under Trump, under Obama it declined

Anon it will

it has anyways.

https://fee.org/articles/automation-replaced-800-000-workers-then-it-created-35-million-new-jobs/

The whole automation problem can be made less worse if it were a free market

How is government intervention making job loss worse?

Higher costs of labour

etc

And generally higher costs

A Universal basic income will deal with this actually

UBI would mean there would be no minimum wage

I mean no it'll just take off money from other people

making the problem worse

and subsidise inefficent activites

like being unemployed

But businesses will grow as labor costs will go down

Taxing people higher doesn't help

it'll just increase the shift to automation

But it can be achieved without insane taxes since welfare would be elimated

Oh you're planning on welfare to be eliminated

I see

Yea

Still a problem, it would subsidise ineffective and unproductive activities

But still have to be taxed higher.

MEOW

No