First, we honestly don't have enough workers. Unemployment is already low.
We have a labor participation rate of 62.9%. We have had a rate over 67% in recent memory. What we have is people opting out of the labor force because jobs at the low skill levels have horrible pay for the work required - so, they choose government benefits or going on disability. Saying we don't have enough workers is laughable. Second, higher wages at the lower skill positions because of supply and demand would encourage further automation. This increases our long term competitiveness and provides higher paying jobs designing and maintaining the automation.
Second, it would drive up the cost of goods cancelling out any wage gains. That's a ripple effect.
Funny. I don't seem to recall you stating that in the "Fight for $15" but now you seem to think there is a direct opposite effect for raising pay at the low end and pricing. Strange to say the least.
Third, it would cripple US business that already has issues finding workers. That's a ripple effect.
Exactly which businesses are those? The way I see it, having them pay non-living wages and/or importing illegals are simply hiding their true cost to me as I will have to pay more in taxes to support their businesses. Either cover your costs or your company simply does not deserve to exist. Many jobs actually fit this description (landscaping, etc).
Fourth, are you really suggesting that companies will start offering low level blue collar employees 401(K) packages if we get rid of illegal immigrants?
Yes Sparky. Companies will be forced to actually recruit low skilled workers vs. picking and choosing now. To attract them, they will offer better pay and benefits. Again, simple supply and demand. You will probably study that fall semester junior year in high school so just wait a bit.
Fifth, unless the job pays at least $18 an hour, exactly how much money do you think they can put in a 401(k)?
If the company matches, quite a bit. As an individual, that is almost $40K/year and $80K as a couple.
Sixth, for many people like you, they simply don't have the intelligence to get good jobs and are stuck in menial labor. This won't change that.
I am a business owner, this will hurt me financially but I am willing to do it for the good of the country. As to those stuck in menial jobs (this will help you move from fries to cashier), a lot is dependent on simply being reliable. Show up and you will move up regardless of the company.
Seventh, do you have any idea how much it would cost to get rid of all the illegal immigrants in this country?
I would say about $12B on the wall which you can recover by taxing all Mexican remittance payments without proof of a valid work permit and then about $10-$12M in prison costs for tossing in their first couple CEO's found guilty of knowingly hiring illegals....after that, it will stop. Second, you can implement a true guest worker program like and other country. Workers welcome, no wife and kids included. You do a crime, you are tossed from the country. You have a kid, you leave the country. pretty simple if we just follow what the rest of the world already does.
Or how employers will pay someone $15 an hour and offer a 401K to harvest a field, mow lawns or handle other unskilled labor. The dream world you live in sounds fantastic.
#30 | POSTED BY SYCOPHANT
Better get your lib talking points in order because that is exactly what the 'fight for $15' assumes.