Colorado Springs Gazette editorial: Big minimum wage creates no-wage jobs for robots
Here’s a simple investment tip. As “Fight for $15” minimum wage campaigns emerge throughout the country, buy shares in companies that make fast food kiosks and commercial kitchen robots.
We make no assurances, so neither thank nor blame us for the result. Just don’t feel good about the potential for a return. It is a bet against teenagers and other entry level American workers. It is an attempt to cash in on the anticipated loss of their jobs.
Restaurants are replacing young workers with automation all over the country. At first it was at the counters of fast food chains.