I used to work blue collar. I’m cool with immigrants coming here to work, but there’s no denying that it caused lower wages for people that are drywallers, roofers, framers, and such. Especially prevalent with roofing. A company using citizens that need to provide for their families in the US couldn’t compete against a company with 10 Mexican guys that all live in a couple apartments and send their extra money down to their families in Mexico where the money goes so much further. They’re just able and willing to work for so much less that it chokes out people with their families in this country.
No it doesn’t. Something like roofing can’t be a minimum wage job, no matter what the minimum wage is. It’s a much harder job than something like a target stocker. So it would still just mean all roofing jobs would go to Mexican lobor, or your forced to work at minimum wage doing a hard job like roofing, or trying to find a job that’s less abusive to your body for the same amount of money, but there’s only so many of those jobs to go around.
Wage earnings stuff is an independent issue from foreign labor. if you want to fix wage issues minimum wage increases is a futile effort that will only cause inflation and devalue anyone’s savings or retirement. If you want to fix the minimum wage issue you’re trying to fix it from the wrong end. You need to create a maximum wage. Tax wealth, tax the loopholes used to avoid paying tax on that wealth, and tax a higher and higher rate the more you earn. if the top earners were prevented from exponentially increasing their wealth their wouldn’t be a need to constantly try to increase the minimum wage with futile results. Right now the more most people make just turns into the more companies will charge to increase profits and earn even more wealth. if the rich were prevented from gaining more wealth after a certain point, the wealth would spread out to competition and pay and benefits. Imagine if all these board members and ceo’s and billionaires couldn’t earn more than a couple million dollars a year before paying everything else into taxes instead of making a hundred million a year.
I used to work blue collar. I’m cool with immigrants coming here to work, but there’s no denying that it caused lower wages for people that are drywallers, roofers, framers, and such. Especially prevalent with roofing. A company using citizens that need to provide for their families in the US couldn’t compete against a company with 10 Mexican guys that all live in a couple apartments and send their extra money down to their families in Mexico where the money goes so much further. They’re just able and willing to work for so much less that it chokes out people with their families in this country.
proper minimum wage solves that
No it doesn’t. Something like roofing can’t be a minimum wage job, no matter what the minimum wage is. It’s a much harder job than something like a target stocker. So it would still just mean all roofing jobs would go to Mexican lobor, or your forced to work at minimum wage doing a hard job like roofing, or trying to find a job that’s less abusive to your body for the same amount of money, but there’s only so many of those jobs to go around.
Wage earnings stuff is an independent issue from foreign labor. if you want to fix wage issues minimum wage increases is a futile effort that will only cause inflation and devalue anyone’s savings or retirement. If you want to fix the minimum wage issue you’re trying to fix it from the wrong end. You need to create a maximum wage. Tax wealth, tax the loopholes used to avoid paying tax on that wealth, and tax a higher and higher rate the more you earn. if the top earners were prevented from exponentially increasing their wealth their wouldn’t be a need to constantly try to increase the minimum wage with futile results. Right now the more most people make just turns into the more companies will charge to increase profits and earn even more wealth. if the rich were prevented from gaining more wealth after a certain point, the wealth would spread out to competition and pay and benefits. Imagine if all these board members and ceo’s and billionaires couldn’t earn more than a couple million dollars a year before paying everything else into taxes instead of making a hundred million a year.
i am sorry, you’re right. though I’d still want to advocate for both, just in case. employ a ceiling and a floor.
TL;DR Tax the rich.
And he’s right.