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Lower consumer prices == more consumer spending on new product classes which creates new jobs and/or fewer labour hours needed per person to meet a standard of
by CryptoPunk 9y ago
Lower consumer prices == more consumer spending on new product classes which creates new jobs and/or fewer labour hours needed per person to meet a standard of living they consider sufficient.
Automation is never a bad thing from a macroeconomic standpoint.
- Mathnerd314 9y agoYeah, the people who would be immigrants will probably stay in Mexico and make Carrier air conditioners...