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Old 07-07-2019, 11:43 PM  
thommy
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Join Date: Jun 2003
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Quote:
Originally Posted by Idigmygirls View Post
I have written an economics paper titled, "The Economics of Post-Productive Economies."

In that paper, I basically conclude that there are two outcomes of automation's impact on advanced economies:

1) "Robots" are not taxed, and the rich-poor divide becomes so extreme that the poor must revolt or die; or

2) Those who are displaced by automation receive a basic income, which ultimately morphs into a universal basic income - allowing for consumers to remain consumers...
absolutely correct but donīt try to explain that to the brain bonsais.
they think that businesses will survive from sales made by higher credit card limits and not by income.
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