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Comment: A couple years ago..

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A couple years ago..

I took inventory of all the businesses in my town and all the positions at these places. For each one, I asked if it were possible to

a) eliminate that job completely
b) automate it away completely
c) automate it down to less hours
d) consolidate it into another
e) leave it as is

The result was staggering. Almost 80% of the jobs were in category A. Maybe another 10% in B. Leaving C, D & E to cover the last 10% fairly equally. The astonishing thing was that almost EVERY job that paid very highly was in A or B. Twelve doctors were the exception.

What does this mean? Well, as I see it, it means that we simply need to make this shift and re-scale the wages to accommodate. See my reply below this one for how.