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<p>[QUOTE=&quot;doug444, post: 1979150, member: 38849&quot;]A good start.&nbsp; And where are the highest (McDonald&#039;s) wages in the nation?&nbsp; North Dakota, where the huge influx of oil workers has created a tight housing market, with astronomical rents, discouraging locals from taking entry-level jobs unless they live at home or drive 50 miles for cheaper housing.&nbsp; Fast food can&#039;t exist without a gang of entry-level jobs, so they pump up the wages and hope for the best.&nbsp; Supply and demand.</p><p><br /></p><p>This whole &quot;innovation&quot; idea is screwy.&nbsp; A kid starts working at 17 to 19, you think he will settle for &quot;flat&quot; inflation-adjusted wages all his life?&nbsp; How&#039;s he going to buy a new car, or a house, or insurance, or afford a couple of babies?&nbsp; I repeat, the economy RUNS on, DEPENDS on, CENTERS on, personal consumption.</p><p><br /></p><p>When unemployment goes up, or the quality of new jobs degrades, households cut spending, pay off debt (if possible), put off expensive purchases, and economic growth falters.&nbsp; </p><p><br /></p><p>Moore&#039;s Law, in some industries, tends to drive people OUT of the workforce, and/or compel retraining.&nbsp; Is that beneficial innovation?&nbsp; Not by the nervous workers&#039; standards.&nbsp; But CEO&#039;s love it.&nbsp; Anything to get rid of those pesky, demanding, unpredictable, irrational <i>real people</i>.&nbsp; </p><p><br /></p><p>Before they know it, sixteen employees can run the IT department instead of forty.&nbsp; Result?&nbsp; Layoffs, wage caps, fewer promotions.[/QUOTE]</p><p><br /></p>

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