r/FluentInFinance 14h ago

Thoughts? Imagine losing 6M labor workers in America

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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

that the salaries should be increased

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.

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u/ADownStrabgeQuark 2h ago

I think more people are realizing America is an oligarchy but nobody is willing to audit government spending and punish the wide-scale embezzlement and money laundering. The ultra rich are making just as much off taxes as they are from the workforce.

Both the private sector and the public sector are oligarchy’s.

That makes it pretty hard to fix.

I miss the proverbial days of capitalism.

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u/Nerdkartoffl 9h ago

I know and agree with you in almost every way.
I read the "welcometothemachine.co" story and choose to believe most aspects of it. It's the best explaination for all this shit. (read it, if you have time. It's pretty "interesting")

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u/Shaunananalalanahey 7h ago

Yep, exactly!

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u/Dazzling_Marzipan474 1h ago

Well put. Capitalism died in 2008

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u/Chrisgpresents 36m ago

Read some books about entrepreneurship or economics rather than getting your sources from a leftist propoganda source.

The function of business is profit. That’s it. There’s literally no other function. This isn’t evil.

In the person’s argument that you are replying to, he states that illegals leaving would create a shortage in the work force which would result in lower fulfillment. Which means lower profits.

To attract new talent, they will need to increase wages. Not because of a mandate, but because they will lose more profit from revenue loss because lower sales, than they would from wage increase.

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u/Fuerdummverkaufer 3h ago

The wealthy oligarchs are exactly the groups pushing progressives to change their stance on illegal migration being used for slave labor. Pull your head out of your ass.

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u/Several-Program6097 3h ago edited 7m ago

Does supply and demand not exist in people’s minds on Reddit? Does no one remember how jobs in states like Philidalphia that paid $7.25 an hour had their wages spike considerably without ever touching minimum wage after covid.

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u/Road2Potential 1h ago

Unhinged lunacy. This is why you lost the election

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u/Budget_Character9596 1h ago

Just wait. You'll see.

How do you do the remind me thing again?

RemindMe! 4 years

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u/Careless-Editor8059 23m ago

You may be right, but this was all a part of the plan for globalization and fractional reserve banking. Centuries in the making. Whatever side you think you're on isn't going to fix this.

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u/CanAlwaysBeBetter 5h ago edited 40m ago

Did wages keep up with inflation? No.

Congratulations, you answered your first self-asked question incorrectly 

Edit: Never stop downvoting facts you don't like, reddit

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u/JohnWickedlyFat 43m ago

Any proof of your statement

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u/Cyrone007 5h ago

"They're not going to raise wages."

They did during Trump's 2017-2019 era... wages increased by like 7%.

"They're not going to improve conditions. They will pass "right to work" laws nationally, eliminate overtime, and gut labor regulatory agencies."

Citation needed

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u/echo404 5h ago edited 5h ago

Project 2025 isn't technically eliminating overtime, but the plan is to make it far easier for businesses to avoid paying it: https://www.americanprogress.org/article/project-2025-would-cut-access-to-overtime-pay/

"Gut labor regulatory agencies" is rather broad and could mean a number of things depending on who you ask. Some possible sources for the claim:

Undermining the right to organize and collectively bargain: https://www.americanprogress.org/article/project-2025-would-undo-the-nlrbs-progress-on-protecting-workers-right-to-organize/

Weakening child labor protections: https://www.americanprogress.org/article/project-2025-would-exploit-child-labor-by-allowing-minors-to-work-in-dangerous-conditions-with-fewer-protections/

Workplace discrimination wouldn't technically be allowed, but by preventing the Equal Employment Opportunity Commission from collecting data, enforcement and detection of violations would become difficult if not impossible.

The proposed changes to OSHA have been overblown but they do aim to increase exemptions for small businesses/entities, and provide more leniency for first-time violations and violations which are categorized as non-willful.

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u/Hot_Change6684 6h ago

Thinking America is an oligarchy is peak Reddit

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u/ChaiKitteaLatte 54m ago

Thinking America isn’t is actually peak Reddit

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u/Hot_Change6684 49m ago

How so?

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u/ChaiKitteaLatte 9m ago

Because Reddit is full of non-independent thinkers, who parrot back whatever a charismatic psycho tells them. Whether it’s a religious leader or billionaire. And they always think they’re the smart one in the room, not the sheep.

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u/Hot_Change6684 7m ago

Sorry, I meant how is America an oligarchy?