| sc94597 said: I really don't see the current technology boom as the end of the current labor force. |
You are correct in that.
The thing that will kill the labor force to a degree is minimum wage increases and free trade agreements. Australia as an example, we cannot compete with Asia Many manufacturing companies have packed up or are in the process of packing up because it is not sustainable.
It was actual cheaper for us to send local wood to Africa and get them to manufacture solid wooden doors and send them back than it would be to make locally and sell for the same price.
Car manufaturing, a local car costs way more than say an imported asian car, and we slap on a 30% import tax on cars. How the hell is that even possible even with such a huge import tax on these cars? Guess what the amount of cars they sell due to the high price is low to justify paying wages, therefore they moving overseas and will send up imported cars lol.
