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Re:The brave new world of robots and lost jobs by yummyfajitas on Friday August 12, 2016 @10:22AM (#12275857)
This is an interesting hypothesis - a culturally imposed minimum wage. I'm a bit suspicious because I don't see much evidence of a floor. For example, people seem quite willing to hire Mexicans outside home depo for relatively low wages.

The common solution to sticky nominal wages is economic stimulus; inflate away real wages to trick people into hiring at lower real wages. Do you think that would fix this issue?

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