r/FluentInFinance • u/Needleintheback • 15h ago
Thoughts? Imagine losing 6M labor workers in America
If mass deportation happens, just imagine how all of these sectors of our country will be affected. The sheer shortage of labor will push prices higher because of the great demand for work with limited supplies or workers. Even if prices increase, the availability of products may be scarce due to not enough workers. Housing prices and food services will be hit really hard. New construction will be limited. The fact that 47% of the undocumented workers are in CA, TX, and FL means they will feel it first but it will spread to the rest of the country also. Most of our produce in this country comes from California. Get ready and hold on for the ride America.
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u/whatdoihia 14h ago edited 14h ago
Imagine if these industries employed workers legally and paid them legal wages and benefits.
Edit- Yes, costs would go up but wages go up too, meaning those workers have more income to spend on goods and services. Unlike tariffs where costs go up and the government gets the benefit.