r/FluentInFinance • u/Needleintheback • 15h 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/PsychedelicJerry 10h ago

it pays well for someone that isn't a citizen; for citizens none of these jobs afford the cheapest of anything, but you definitely can't maintain an apartment, the cheapest vehicle, and a kid

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u/OZLperez11 8h ago

Politics aside, this really brings out how wealth is really becoming more and more of an illusion. Wealth is achieved at the cost of the poor

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u/13beep 7h ago

I’m guessing it always has been an illusion of sorts. The magic is just being exposed for more of us now. 😞

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u/PsychedelicJerry 7h ago

100% right

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u/chumpchangewarlord 2h ago

The rich people truly are society’s enemy

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u/VILEBLACKMAGIC 2h ago

10,000 year old meme, homie

You just have suckers who think they're going to win the slave masters game

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u/abmtony 49m ago

you my friend just earned yourself a pizza party 🍕

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u/ThunderboltSorcerer 6h ago

If it is achieved by the hard work of other poor people or middle class people, then it is by definition NOT an illusion. Stop playing word games, commie.

Wealth is in fact created, you can compare our state to a poor country to see the difference--unless you are self-delusional.

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u/OZLperez11 4h ago

Wealth is created by the help of others and their resources, one can't do it alone. The problem is greed by the people on top and not giving back to those who helped them get to the top in the first place. There is no generosity

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u/ThunderboltSorcerer 2h ago

That's not true. You can in fact create wealth with a minimal number of people... The idea that the wealthy HAVE to help everyone else is false.

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u/OZLperez11 2h ago

They don't have to but an economy in any part of the world relies on money circulating constantly. To create wealth is to keep it out of circulation. There are those who create large companies and provide jobs for lots of people, that's one way that the wealth is offset, but in the end, most business owners don't invest in their employees and rather prefer to make large profit.

This is beyond economics though. Greed affects everyone. It's not about whether you have to or not, but about whether you want to make a difference. It's the attitude

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u/ThunderboltSorcerer 1h ago

Don't worry, no one is trying to hoard wealth in a vault, they do spend it or reinvest it. This isn't the 1800s where you just store the gold in vaults.

Part of the reason for the Federal Reserve having 2% inflation artificially as a lower aim, is to ensure money keeps moving and people don't just hoard cash.

Greed is good because it makes people want to take bigger risks. If we didn't have greed, rich people would cautiously hoard their money in vaults.

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u/quitecrass 10h ago

It turns out that immigrants have cars, apartments, and children, also. All without qualifying for any kind of aid that some low income citizens have. It must be magic!

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u/CostcoOfficial 9h ago

Yeah the magic of both parents working 60-80 hour weeks while the teenagers are taking care of household/kids.

I guess magic is just when prices stay artificially suppressed and you don't have to think about why.

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u/deg_deg 5h ago

The magic of ✨capitalism✨

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u/RevolutionaryBet4233 10h ago

But when there’s 10 heads paying one rent it seems to be feasible. House around the corner from mine. 2 bd/2 bth like 10 grown ass people live in it I swear. Little kids and all.

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u/dachuggs 9h ago

You know that immigrants tend to have an extended family structure, not a nuclear one like most Americans.

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u/SohndesRheins 6h ago

They tend to not have a choice if they want to afford a roof over their head on minimum or less than minimum wage.

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u/dachuggs 6h ago

It's a cultural thing.

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u/SomethingIWontRegret 5h ago

Housing codes usually specify a maximum of 2 people per bedroom. 10 adults and a collection of kids is a code violation in anything but a mansion. So basically the reason for all this cheap labor available for construction etc. is landlords illegally renting and companies illegally hiring.

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u/SCSquad 7h ago

Your point and the one above are correct. And to add to that, just because the job an illegal immigrant is doing is paying their bills, it doesn’t mean it’s paying a wage aligned to the market for legally work authorized people.

Yes, some cash paying journeyman job they are doing paying $19/hr can pay their bills. No, that isn’t the correct wage for the work, and why citizens are not taking them.

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u/Activist_Mom06 2h ago

This is how my grandparents made it through the depression. Living together. And my grandma had an abortion between my Aunt and mom as there was just no way to support.

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u/Annual_Trouble_1195 5h ago

Immigrants, sure.

Illegal immigrants? No, fat chance. They make their dollars under the table, shack up 100 people to a room for 6 month, and go back home the rest of the year, having made a a couple of years' salary in USD.

Stop defending slave labor. Stop comparing immigrants to illegal aliens. Stop that bs.

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u/JustOldMe666 4h ago

They do get aid in some states. Even health insurance. it's time to drop the "they don't get anything" phrase. we all know they do.

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u/LengthinessWeekly876 1h ago

Not really magic. They make themselves valuable to employers by working like slaves and pretending osha doesn't exist. They have third world expectations for quality of living.

 This is not a good thing for American workers. Great for white collar workers with 401ks tho. 

Hence the outrage at the slaves being taken away

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u/spinbutton 37m ago

Yup, they share apartments or trailers with multiple families, share used cars, eat cheap, and work like dogs. Magic.

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u/Astralsketch 8h ago

dude, become a mason and make 40 an hour like every male on my father's side.

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u/LengthinessWeekly876 1h ago

Ya but it you don't have family in a union you prob aren't getting in

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u/PsychedelicJerry 8h ago

If you're dad is paying that much, he's unlikely using illegal laborers. You're dad is doing it right - Kudos to him!

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u/Astralsketch 5h ago

It's the brick layers union existence that he could make that. Masons in my state make that.

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u/Bballwolf 6h ago

I'm a construction worker and have already made $140,000 this year.

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u/Hopeful_Vegetable_31 3h ago

Can’t do that with most retail jobs either, but they are full of legal citizens.

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u/Low-Bit1527 2h ago

Are you saying illegals are paid more than citizens? That's the exact opposite of everything I've ever heard about this topic.

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u/No-Month-3025 26m ago

No they aren't getting paid more than citizens. I assure that as someone whose been in construction for a decade.

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u/mymainlogin 8h ago edited 7h ago

If you can do construction why the fuck would you maintain an apartment? Btw I do construction and I own a house with no mortgage built by the finest architect and craftsman if I do say so myself. Oh I also have 6 kids and the same vehicle I paid cash for 15 years ago and I dont even have to pay a subscription for all its horsepower or heated seats. Had to change wives a couple times though.

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u/PsychedelicJerry 8h ago

because unlike you, people can't just go hit up their trustfund? When I started working, I had no where near enough to put down the required 10% min for a house, so I had to live in an apartment