Tom Toles
Posted at 08:00 AM ET, 03/31/2011

Humanoid robots!

Will robots ever get to be like humans? NO! We just discovered it’s the other way around!

One of the reasons that companies, even the ones flush with cash, are not hiring is because during the recession they figured out more PRODUCTIVITY GAINS! That means they got fewer employees to do MORE WORK! Did you notice?? I think maybe you have! You work like a MACHINE now! Robots don’t need rest, why should YOU? Productivity gains used to be billed as the key to all good things, including an increase in wages. But companies have now figured out how to do away with those higher wages! That counts as more productivity too!

But the companies that are REALLY pulling in the cash are still the financial companies. Financials used to be too big to fail but that got fixed in the recession and now they are too BIGGER to fail.

By  |  08:00 AM ET, 03/31/2011

 
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