🇨🇳 The claim that countries needs to import migrant labor is a neoliberal lie.
China actually has a factory worker shortage, because no young Chinese wants to work in factories.
Our solution is not to import migrant labors, but to automate and fill the gap with robots.
Another aspect of the solution is to reform our vocational education systems to train more skilled factory workers who collaborate with robots.
This retains the jobs with the Chinese people, it also raises the wage in general.
📎 Zhao DaShuai
British man attacked for entering a ‘no-go zone’ in London.
A horde of Islamists surrounded him and questioned why he was in ‘their’ neighborhood.
They threatened him and began chanting ‘Allahu Akbar’ as they kicked him out.
A 65-year-old couple retiring in 2025 with average earnings will receive an estimated $1.34 million in lifetime benefits, while contributing only $720,000 in today’s dollars.
That shortfall—more than $600,000 per couple—is being made up by younger workers.
“Most of the growth in spending has gone to retirement and healthcare, while programs that promote upward mobility... have been left behind”
https://www.newsweek.com/social-security-medicare-young-workers-cost-10477619