One Response to Morning Joe discusses Race Against the Machine

  1. Magnus says:

    Way I see it, in a global economy, a relatively speaking high-wage economy like the USA means it’s only profitable to hire high-productivity workers. You’ve seen this in the Scandinavian economies for a while, where you have 20% public employees, 20% student/kids, 20% retired, 20% private sector and 20% on some form of social benefit (often not unemployment benefit, but some other form of welfare handouts). Only difference is, in USA that last 20% has fewer benefits, and the 20% in the private sector have more money after tax.

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