I already did tell you. I know you're not very smart, but surely you can read a few sentences.
You fell for it when you said Trump was a president of peace and would not get us into any wars, and now you're doubling down
You just keep digging yourself deeper here. I recommend some self reflection but I know you'll just double down and continue to say that your life is shitty because of brown people and not billionaires robbing you blind
*Billionaires (and the government) use brown people to rob you blind.
(I know the "A Dollar's Worth" chart is
supposed to indicate the severity of leaving the gold standard, but it completely neglects the period between 1971-1990 when mass unemployment came as a result of mass corporate offshoring that came with China opening up to the West, which lead to Reagan tax cuts, which weren't countered with decreased spending either which lead to debt, which lead to printing and so on.)
Immigration drives up potential workers to any given area, which should lead to lower wages. Minimum wage was only meant to be act as the
floor when it was implemented in places like France and Denmark and the USA
, not the
minimum companies can get away with paying their workers. In America in the 60s, minimum wage was $1 an hour. The average pay for people was $2.32. The idea of a company paying
more than minimum wage for low-skilled work is unthinkable nowadays but it was the norm once upon a time.
Implementing higher minimum wages became a necessity when the market-determined minimum wage was driven so low that people were left with very little in the way of disposable income (which also negatively impacted the market too since it meant fewer consumers), so in raising it they negatively impacted smaller companies to uplift the larger companies that could take the hit. But to justify it being as low as it was, there was a weird hybrid between the market-determined model of wage determination and government mandated minimum wage, where the government allows in tens of thousands to over supply the country with potential workers which justifies them and the companies keeping it low. Using the past as a precedent (Europe and America) companies would be on average paying double the current minimum wage, but there's no justification or reason on their end to do so since there's no competition for low-skilled work.
If you're left-wing and care about workers* (the same way the right-wing cares about the wellbeing of their country*), you should be opposed to immigration as it's also a tool of the colloquial billionaires you despise.
*in theory
Musk and the potential mindset shift:
I think Musk and the other tech bros H1B1 support may show a shift in corporate attitudes, since tech companies pay a shit ton more to higher skilled employees without having too many lower-skilled ones employed, so they'd rather drive down the wages of high-skilled work instead by having domestic, high-skilled workers be forced to compete with foreign labour pools.
Trump the billionaire and how he differs from other billionaires (from a cynical POV):
Trump's business career was mostly in shit like real estate, casinos and the like, which don't really rely on the mass use of cheap foreign labour to mass manufacture goods for sale like most other corporations - so Trump's interests can be perceived as going against the grain of some the other billionaires. However some factors that increase the value of his assets, such as real estate, relies on property values increasing which constant immigration does. On the other hand, decreasing the population via deportations and decreasing immigrants numbers may lead to jobs outnumbering people in some places which can force corporations to increase wages to compete, so... sort of a wild card, even assuming he was purely profit-driven and had no sincere love for his country in him. His tariffs only harm companies that rely on cheap labour, so forcing them to move may force China to implement radical policies assume mass unemployment followers, which in-turn makes them West-tier in terms of where to put your manufacturing. Since this doesn't affect Trump, he couldn't give a shit.
It's not
purely the billionaire's and corporation's fault: (
I know people (mostly Boomer larpers and such) like to use a derivative of the "pull yourself up by your bootstraps" argument for why people should work for shit pay, but there's a reason nobody wants to work a job (regardless of skill level) that has already had its potential wage driven down by decades of bloating the local worker supply through immigration, which also eliminated the primary purpose for working for a lot of people once (to buy a house for the family) because it also drove up property prices. Governments in the West had to compete internationally with developing states for jobs for their people, which meant foster business-friendly conditions whilst also making sure those businesses they're trying to bring back aren't dissuaded by new competition, hence regulations doing more to fuck over smaller businesses than larger ones. The Free Market includes the entire world now as a result of increased globalism, which also means domestic workers are competing with foreign labour for things such as manufacturing and shit like customer support. Countries lowering corporation tax, flooding their own countries with foreigners and protecting bigger international corporations at the expense of smaller domestic businesses can be viewed as the state negotiating with these interests to keep some of their corporations value (jobs, consumer goods, etcetera) in the country, even if said state also created the conditions that made them leave to begin with.)
