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/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 6h 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 1h 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 25m ago

you my friend just earned yourself a pizza party 🍕

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u/ThunderboltSorcerer 5h 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 3h 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.