What would it take?

[CRedskinsRule]

Originally Posted by Schneed10

Also sticking with the thread...

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- I'm a free trade guy, but I get economic protectionism in an era of increasing automation. Automation is going to continue, and as long as it does we're going to have oodles and oodles of people out of work. My first inclination as a free trader is to say well those folks need to train themselves for other jobs. Not that simple, the automation is going to be too vast. We need something for those people to do. I'm at least ready to keep an open mind that his protectionist strategies might help create better paying jobs for the middle class.

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This is way off topic, and not a chance of reality, but with the level of automation coming in the 20 years, and the ease of accumulation of wealth in the top 1%, I really wonder what your thoughts are about the Netherlands living wage.

My normal mindset would be no, BUT, I do think automation is a game changer in economics, and if you have the living wage to all citizens, then you do away with minimum wage to employers, and once again let free market forces act, within the constraints of that. I really don't know any feasibility, but I'm curious about your thoughts Schneed.