Marco Rubio Quotes

If I thought that raising the minimum wage was the best way to help people increase their pay, I would be all for it, but it isn't. If you raise the minimum wage, you're going to make people more expensive than a machine. And that means all this automation that's replacing jobs and people is only going to be accelerated.

I do not support raising the minimum wage, and the reason is as follows: When the minimum wage is raised, workers are priced out of the market.

I have serious concerns with the discussion around minimum wage because it drives up costs, and it could harm jobs.

Obviously, we want people to be paid a wage that could help make ends meet, but when you increase artificially the cost of labor to do a job, then oftentimes, those jobs will just go away.

Statistical studies are all over the lot about the pluses and minuses of raising the minimum wage.

On balance, I am a supporter of the minimum wage going up. We've got to be very careful what we wish for because some employers - and there could be a lot of them - will be scared away from hiring new people or creating incremental hours for part-time people as a result of that wage going up.

For food service industry and retail, I'm for the minimum wage being increased to at least $12. Not for manufacturing. Software and robotics are going to revolutionize manufacturing in the next 10 years. In the meantime, we have to compete with overseas manufacturing.

Automation has emerged as a bigger threat to American jobs than globalization or immigration combined.

Sooner or later, the U.S. will face mounting job losses due to advances in automation, artificial intelligence, and robotics.

I don't buy into the dystopian scenarios of self-aware robots enslaving mankind, but you don't have to be a sci-fi conspiracy theorist to acknowledge that plenty of good, well-paying jobs are being taken over by machines.

People talk about "job creation," as if that had ever been the aim the industrial economy. The aim was to replace people with machines.

Raising the minimum wage allows business people to stop thinking about workers simply as costs to be cut and allows you to start thinking about workers as customers to be cultivated.

In the end, robots do things that people can do. So there is a cost above which you can hire somebody to do it, and that bounds the opportunity.

Are those 'terrible' machines really putting those people out of work? Or are they getting rid of a really dull job that we shouldn't be torturing people with?

Efficiency innovations are a natural part of the economic cycle, but these are the innovations that streamline process and actually reduce the number of available jobs.

If your business is really easy to do, don't gloat. You might be out of a job soon.

If you and your skills are a complement to the computer, your wage and labor market prospects are likely to be cheery. If your skills do not complement the computer, you may want to address that mismatch. Ever more people are starting to fall on one side of the divide or the other. That's why 'average is over.'

Musicians and journalists are the canaries in the coalmine, but, eventually, as computers get more and more powerful, it will kill off all middle-class professions.

The root of the worker’s resistance to technological change is the conflict between labor as a commodity and labor as a resource. Increased productivity imposes upon the worker a risk of obsolescence.

Human labor is becoming the cheapest of commodities.

Only in a minority of cases will workmen be able to recognize the technological change responsible for their dismissal. For this it would be necessary that machines be introduced in an existent plant under the eyes of the workmen and that dismissal be effected immediately after.

The great question, however, for the poor man is, or shortly will be, that of escape from competition with labor-saving machinery

People against the minimum wage say that many workers will lose their jobs. I haven’t ever met a minimum wage worker who didn’t say “Go for it!”

Elon Musk is worried about AI apocalypse, but I am worried about people losing their jobs. The society will have to adapt to a situation where people learn throughout their lives depending on the skills needed in the marketplace.

I don't know of a single economist who disagrees that when you raise the minimum wage, you kill jobs for the poor.