DG:
re: "That means
higher prices, fewer sales, and more
taxes paid by everyone."
Well, not higher prices. Systemic price inflation is caused by having more money relative to the supply of goods. Now, if you meant that productivity system-wide will decline as a result of there being fewer jobs then, yeah, you'd probably be right. But somehow I don't think that's what you were suggesting.

Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months