What’s Next for the U.S. industrial machine workforce?
Posted March 25, 2018 05:00:33The American worker is a great bargain for big businesses.
That’s why companies are spending billions of dollars each year on hiring and retraining the 1.6 million workers that make up the vast majority of the U-Haul fleet.
But they’re also spending billions more on other things to help the UHaul workforce meet its goal of becoming an increasingly automated workforce.
The biggest problem is that workers are still largely in the dark about the cost of automation.
That was the case even before the advent of the Internet and smartphones.
And as automation improves and people become increasingly educated about the pros and cons of automation, it’s becoming increasingly clear that there’s a whole lot of uncertainty around how much automation can help our economy grow.
The National Association of Manufacturers says that if automation were to eliminate 1 percent of the workforce, it would cost the economy more than $1.2 trillion annually.
And even if we’re not talking about jobs that would disappear completely, the impact could be profound.
With less than three years left in the Trump administration, the economy is likely to see its slowest growth in nearly three decades.
And with the Trump-Ryan tax plan, that could change.
The tax plan is likely going to be a big part of that debate.
The Tax Policy Center estimated that the Republican plan would reduce U.s. gross domestic product by as much as 0.6 percentage points in 2019 and 2019-20 alone.
That could mean that businesses would have to spend tens of billions of additional dollars to hire workers and retrain them for the new economy.
The problem is, the tax plan hasn’t even been written yet, so there’s no way to know how much it would actually cost businesses.
Even if you eliminate a 1 percent reduction in U. S. manufacturing employment, the overall impact would be negligible.
We already know that automation can lower wages and increase job insecurity, which in turn has an economic impact.
Automation can reduce employment, which means the economy will shrink.
We also know that, as automation becomes more prevalent, it will cost businesses more.
That means the cost will be passed on to consumers, and it will also mean businesses will have to make more investment to maintain their businesses.
As a result, we could see job losses as high as 40 percent by 2040, according to the Economic Policy Institute.
And that’s if we eliminate all the new jobs that the U,Haul will create.
If we’re looking at the entire economy, it seems pretty clear that the tax cut is the most important driver of the new automation economy.
But there’s another important factor that could cause even greater job losses than the tax cuts: The federal minimum wage.
For years, we’ve been arguing that the federal minimum should be raised to $15 per hour, and that should be the minimum wage for all workers.
But this year, we have an opportunity to do that by repealing the wage hike, which would create the largest wage increase in nearly a century.
The Congressional Budget Office estimates that the wage increase would cost companies an estimated $5.4 trillion over the next decade.
The wage hike would be offset by lower federal taxes, higher unemployment benefits and higher consumer spending.
In addition, a lot of the benefit from the wage raise would go to workers, not corporations.
For example, it could result in more U. s. manufacturing jobs paying a higher hourly wage and allowing workers to keep more of their paychecks for their families.
And it would also have the added benefit of helping reduce the amount of waste and fraud that corporations are responsible for, which has already been a major factor in the country’s slow recovery.
As we look ahead to 2019 and 2020, we should be concerned about the impact of the tax hike on U. haul companies and consumers.
And the most effective way to prevent the wage rise from happening is to repeal the wage-related wage hike.
The only way to do this is to completely repeal the minimum-wage hike.
That would have the effect of raising the minimum hourly wage by $15 an hour, eliminating the wage freeze, and raising the wage for full-time workers to $19.00 an hour.
That way, it should not matter how much money companies spend on retraining their workers or hiring new workers.
The $15 minimum wage should be repealed.
But it can’t be repealed on its own.
Instead, the best way to make sure the tax bill doesn’t harm jobs and the economy right now is to remove the $15 federal minimum hourly wages.
That will help create a strong base of workers for the economy and for the American people.
This is the time for Congress to make this happen.