From the Economist: "Needed by but not wanted"

ChezC3 said:

needed by whom, exactly?

Those seeking surplus labor to drive the cost of said labor down...

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James972 said:

can you tell us who you are talking to and what subject is ???

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Chinandenga said:

Or, since most UNDOCUMENTED WORKERS (READ 70% OF IMMIGRANTS REPRESENTED IN A SEMI-IMMIGRATION COURT ARE GIVEN LEGAL STATUS, THE WHOLESALE LABELING OF IMMIGRANTS AS "ILLEGALS" IS DISHONEST RACIST REPUBLICAN CALUMNY) pay a discount to work in America you can see them as pegged, though with a reduced wage, to the minimum wage.

I.e Pedro works and pays taxes (threw the employer85% of UNDOCUMENTED WORKERS, not illegals since the majority are legal when adequately represented) on 5$/hr when the MW is 7.25/hr. Now MW goes to 10$ and Pedro gets a pay bump to 7$, Arnold Whiteman get a bump to 10$ and his manager a bump to 15$.

First, for inflation to occur ALL SELLERS MUST BE WILLING TO PUSH THE WHOLE NEW COST TO BUYERS, IF EVEN ONE SELLER ACCEPTS THE WAGE DISTRIBUTION HAS SHIFTED AGAINST HIS FAVOR (I.e in effect absorbing the increased cost as a portion of his operating costs) that singular seller will be much more competitive and outsell the other sellers that do not accept the "New Normal"

Since we have Corporatism in america Walmart would likely just sell at a loss unless it's a conglomerate of sellers accepting the new normal.

This could not happen in Germany because selling at a loss is illegal (dumping).

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Quag said:

I find the majority of Republicans are not anti-immigrant but anti-illegal immigrant. It is generally the Democrats that remove the term illegal to either paint them a law abiding citizens or paint the Republicans as racist.
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