Is “the market” ok with illegal immigration? I saw my industry, commercial printing in Southern California, destroyed by illegal immigration over a span of about 15 years. I started as a driver for the company a couple years out of high school and worked my way up to a position in middle management. Who do you think was hired to drive the delivery van and do other entry level jobs in the 90’s? Illegals with bogus papers. Why were they hired? They cost a little less. You think they sat on their ass for 15 years? No, they get promoted, same as anyone else if they do a good job. But each time, it drags down wages a bit.
By 2003, the entire shop floor was Mexican. Wages stagnant in management for 5 years. Company went out of business in 2004. Couldn’t compete with China. The great majority of those jobs, MANUFACTURING jobs, were filled by illegals.
THAT’S the market, not some pie in the sky egalitarian economic theory.
LOL!
I'm not laughing at the pain...I'm laughing at the fact that you somehow think that propping up the costs to the business would have made you more competitive...?!?!
Bottom line, we in America are generally overpaid and it's costing us. Nobody wants to hear that...nobody wants to face it...but it's true. And don't think that "Gondring wants wages to drop"...I don't, other than wanting to face reality.
Don't you see from your own example, that ignoring these realities just makes it even harder for American companies to compete against foreign ones?!