The guy pretty much admitted he was using illegals because no Americans wanted the job.
Cruz stated it as a way to cut the costs if he had to pay MARKET wages.
We can’t have both. Either some farmers go out of business because they can’t afford to modernize or pay market wages or we keep illegals.
The first one is capitalism.
Trump hired temporary workers willing to work for a few months at a time, not illegals. The same kind of workers that work in the fields at harvest time, LEGALLY here.
In actual capitalism when there is a period of high unemployment wages go down and more people are offered jobs. This does not happen any more wages are “sticky” downward, Keynes understood this as early as the 1920s.
Over-capitalization hurts small operations because they become vulnerable to financial conditions outside their control and their capital costs cannot be reduced. Otherwise when conditions turn bad they can reduce costs of labor somewhat by laying off people, changing working hours, firing people.
How many of the farmers thought Cruz’s answer was helpful? Any?
Wages paid Illegals ARE market wages. An average wage is calculated from all wages legal or not.