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Originally Posted by unlawflcombatnt
Right-wingers will argue that this wage suppression is offset by business profits, and that these profits fuel investment.
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I am a "right-winger" and I argue that the wage suppression goes into the consumers pocket, or it generates more liesure time. The real question is what is the value of labor? If millions of "illegal immegrants" can do a job for less money than an American, what is wrong with that? Nothing.
If you need your car repaired a person A charges $500 and person B charges $250, all other things being equal, why would you pay $500? You wouldn't. With the money saved, you can invest it for your future or you can use it to buy other good and services. Free markets work. The only people who don't like free markets are the one's who want a "free ride", i.e. pay me $500 for $250 worth of work.
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The immigration-fueled reduction in wages does NOT help our economy.
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It did not hurt the economy when the South brought in millions of slaves. Did not hurt when millions of Europeans immigrated here. Currently, unemployment is at historic lows, anyone who wants a job can find one. Anyone who wants to improve their life has opportunity for education, vocational training or can start their own business. Home ownership is at an all time high, etc, etc. The economy is strong. In fact some could argue that without immigrant workers our economy would be weaker.
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Does anyone really think that wage suppression is "good" for the economy?
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This stuff goes in cycles. At one point the labor to build a car was expensive because it required highly skilled people. Same with making watches, computers, homes, etc. As production techniques improved and processes standardized, etc, the cost of labor goes down. It has happened over and over in the past and will continue.
I think the real problem are with people who who take things for granted. If people want top dollar for their labor they have to continually improve their marketable skills. Thats the bottom line.
Anyone who is worried about an uneducated third world person taking their job has some really major problems. Perhaps its time for us to stop spending every free moment drinking beer and watching sports and learn some new skills.