With government driving up the cost of labor, it's driving down the number of jobs. You're going to see automation not just in airports and grocery stores, but in restaurants. This is the problem with Bernie Sanders, and Hillary Clinton, and progressives who push very hard to raise the minimum wage. Does it really help if Sally makes $3 more an hour if Suzie has no job? If you're making labor more expensive, and automation less expensive — this is not rocket science. They're always polite, they always upsell, they never take a vacation, they never show up late, there's never a slip-and-fall, or an age, sex, or race discrimination case.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "With government driving up the cost of labor, it's driving down the number of jobs. You're going to see automation not just in airports and grocery stores, but in restaurants. This is the problem with Bernie Sanders, and Hillary Clinton, and progressives who push very hard to raise the minimum wage. Does it really help if Sally makes $3 more an hour if Suzie has no job? If you're making labor more expensive, and automation less expensive — this is not rocket science. They're always polite, they always upsell, they never take a vacation, they never show up late, there's never a slip-and-fall, or an age, sex, or race discrimination case." in the context of "Fast-food CEO says he's investing in machines because the government is making it difficult to afford employees (March 16, 2016)" to mean that wisdom is timeless.