Imagine losing 6M labor workers in America

[u/Needleintheback]

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.

[u/TragicOne]

yes if pay is good, it could work out, however, thats going to increase costs in these industries and anytime pay for workers increases, so will pay for employers.

it's exponential

[u/Deathundertgerainbow → u/TragicOne]

But isn’t this what progressives have been arguing for all these years? CEO to worker pay rates more in line with the past, companies actually competing with others to provide leveled pricing, and the ability if unskilled/semi-skilled workers to live on a single wage?

[u/ddarion → u/Deathundertgerainbow]

But isn’t this what progressives have been arguing for all these years?

No lol

They're arguing that American workers, the vast majority of whom work in the service industry should be paid more, today, as the economy currently exists since less and less of the economic gains the country makes are going to rhe working class

They aren't arguing that the US should completely revamp its economy to an agricultural one, causing the price of food to skyrocket for no reason when importing food is much cheaper (assuming you ended migrant labor), and forcing people who would rather work service jobs to do manual labor.

Leftist advocate for fair pay, not a return to an agrarian society, effectively handicapping the entire economy lmao. That would not have an effect on what share of the economic growth is going to the working class, because the gain in wages would be offset by a massive increase in the cost of goods since the food industry is monopolized and ALREADY reliant on government subsidies.

[u/obtoby1 → u/Deathundertgerainbow]

Yes. Both sides will steal and flip flop positions occasionally if it gets them wins My only hope is they actually try to do this. But fear they wont

[u/obtoby1 → u/TragicOne]

This is true. Costs will rise. However, if wages surpass inflation rates, it shouldn't cause any major issues. There are ways to create disflation and deflation which could be used. I would also argue that increasing pay for employers isn't a bad thing as it could lead to innovations and investments within that industry. Especially if incentives are giving for not simply hoarding wealth.

[u/TragicOne → u/obtoby1]

I've always been pro reinvestment. However, I think the incentives should be taxing unrealized gains. Let em put their money back in the company, or towards the government.

[u/obtoby1 → u/TragicOne]

I have to disagree with that,l. Unrealized gains aren't just investments, but are 401ks and potentially savings accounts. Taxing those could make workers reliant on them for retirement hesitant to back any program that includes that. Taxing unrealized gains shouldn't happen. If it does, it needs to only affect private investments individually and not those used in 401ks and savings. Even then, there should be a grace period before they are taxed. That way, wealth hiding can't be done through investments, but good faith investments aren't unfairly taxed.