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>if the workers are having trouble getting a decent wage, where does that surplus come from? what happens to consumer confidence, and aggregate demand if people
by FLUX-YOU 10y ago
>if the workers are having trouble getting a decent wage, where does that surplus come from? what happens to consumer confidence, and aggregate demand if people are losing their jobs?
Probably not a lot. Automation headlines are probably going to take a back seat to Trump administration headlines for a good long while. Just from feeling, it seems to be happening fast enough to be a real concern, but not fast enough to cause panic, draw attention, and quick action.