And this wants to be President of the US, page-14

Not as a big a joke as vance, rubbishing trickle down economics, which by the way the spiv libs also swear by.

Raider

If McDonald's replaces some of its workers with kiosks, he said, "That's a good thing, because then the workers who are still there are going to make higher wages; the kiosks will perform a useful function; and that's the kind of rising tide that actually lifts all boats."

• "What is not good is you replace the McDonald's worker from Middletown, Ohio, who makes $17 an hour with an immigrant who makes $15 an hour."
• "If you cannot hire illegal migrants to staff your hotels, then you have to go to one of the seven million prime-age American men who are out of the labor force and find some way to re-engage them."

Between the lines: There is overlap between Vance's views that labor scarcity can fuel productivity growth and the notion of endogenous productivity that some left-of-center economists embrace — the idea that a tight labor market will fuel business innovation and thus generate higher real wages for workers.

Vance's framing differs from decades of conservative economic philosophy, which is built around a different theory of how to achieve robust growth.