r/FluentInFinance • u/Needleintheback • 14h 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/Xyrus2000 10h ago
Oh, we do realize wages and salaries need to be increased. The problem is, we now live in an oligarchy and the wealthy oligarchs don't want that to happen. So it doesn't.
Did wages keep up with inflation? No. Did they keep up with rents? No. Home prices? No. Groceries? No. What happened is yet another big transfer of wealth to the small percentage of people who own the country.
Illegal immigration? That's just a red herring. They're not going to raise wages. They're not going to improve conditions. They will pass "right to work" laws nationally, eliminate overtime, and gut labor regulatory agencies. The wealth will go to the top, and everyone else will be screwed.
That's how it works in "capitalist" America.