Some interesting discussion over the last couple of pages.
One thing that kept coming up was the reference to 'those employed, working' spending money on goods made. Working 16 hrs a week on minimum wage doesn't buy you much, but if it helps the GDP why don't we all just work 20hrs a week (with pro rata wage) and cure the unemployment problem
Another suggestion was people earning money but sending/spending it 'back home', which is more prevalent than you'd think.
oh and . .
Quote:
Originally Posted by RichardCoulter
...but mass automation is just around the corner.
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Where have you been for the last decade?