Re:Will automation put an end to the American trucker?
by robotresearcher on Tuesday October 10, 2017 @09:22PM
(#15446634)
Rich people spend much less of their money on stuff than poor people do. Another thousand to a millionaire goes on the pile. Another thousand to a single mom goes on kids' shoes and car repairs.
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Re:Will automation put an end to the American trucker?
by djrogers on Tuesday October 10, 2017 @11:38PM
(#15447105)
Shareholders aren’t all ‘rich people’ - pension funds, insurance funds, and regular old retiremt funds all hold a lot of stock.
Re:Will automation put an end to the American trucker?
by Mz on Tuesday October 10, 2017 @11:40PM
(#15447109)
People who have no hope of ever retiring from their low wage job that they live in fear of losing to automation might count anyone with a pension plan/retirement fund access (and even insurance) as rich.
Re:Will automation put an end to the American trucker?
by winstonewert on Tuesday October 10, 2017 @09:46PM
(#15446735)
Nobody throws their money into a pile.
Rich people predominantly invest their money which is still paying people to perform work, just like repairing shoes and cars.
Re:Will automation put an end to the American trucker?
by robotresearcher on Tuesday October 10, 2017 @10:54PM
(#15446977)
Yes. They invest it. Not spend it as you claimed above.
And while both keep money moving, they have very different effects on the spender/investor.
Re:Will automation put an end to the American trucker?
by winstonewert on Tuesday October 10, 2017 @11:57PM
(#15447175)
Yes, "spent" was the wrong word.
All I'm saying is that the money will be moving, and still providing employment.