Why Is the Youth Unemployment and Underemployment Rate So High?

I like your answer a lot better than mine because what you just described is mathematically identical to a progressive tax rate. Yes, that's correct. There's just the one we all know it before we engage in paying our taxes or even doing any kind of business. I think it's probably time to talk about automation here as well? Because as labor becomes more expensive, automation actually becomes less expensive. And when it's cheaper, say, for McDonald's to have an ordering kiosk than a human being touching buttons, well, they're going to put up the ordering kiosks. Right. This creates some sort of downward pressure on teenage employment and underemployment as well.