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Started By
Message
Is corporate America slow playing Obama and the left with "open borders"?
Posted on 7/21/14 at 7:50 am
Posted on 7/21/14 at 7:50 am
Me thinks yes and the reason is simple, cheap labor.
Corporate America has three huge things working in their favor:
1.) A Federal Reserve policy that promotes a steady ~2% inflationary rate.
2.) A congress that keeps the federal minimum wage increases below the rate of inflation.
3.) A congress that allows and/or promotes an open borders policy.
I believe I know why the left is okay with open borders too and the obvious answer is they see future votes. However there is a huge problem with flooding the market with cheap labor: IT DRAGS DOWN EXISTING LOW WAGE WORKERS. The left's solution is, "oh, we will just raise the minimum wage."
But there is a major problem with the line of thinking, it hasn't worked since 1968. The minimum wage was $1.60 in 1968, inflation adjusted that would be $10.71 today. Since 1968 inflation adjusted minimum wage has steadily declined. LINK
The minimum wage has been raised time and time again since '68 but has never out paced inflation. Ya see, corporate America has the Federal Reserve on its side and with the onset of a new minimum wage, inflation necessarily sets in organically or intentionally.
So, I find myself at a crossroads within this whole immigration debate. Should I support GOP corporatism and help slow play minimum wage increases though congressional barriers and Federal Reserve policy to enjoy cheap labor now and into the future? Or, should I join my friends on the left like the late great Cesar Chavez who was vehemently opposed to "open borders because he knew that cheap labor under cut existing workers standard of living?
Help wanted. Which way should I go? Corporations or workers?
Corporate America has three huge things working in their favor:
1.) A Federal Reserve policy that promotes a steady ~2% inflationary rate.
2.) A congress that keeps the federal minimum wage increases below the rate of inflation.
3.) A congress that allows and/or promotes an open borders policy.
I believe I know why the left is okay with open borders too and the obvious answer is they see future votes. However there is a huge problem with flooding the market with cheap labor: IT DRAGS DOWN EXISTING LOW WAGE WORKERS. The left's solution is, "oh, we will just raise the minimum wage."
But there is a major problem with the line of thinking, it hasn't worked since 1968. The minimum wage was $1.60 in 1968, inflation adjusted that would be $10.71 today. Since 1968 inflation adjusted minimum wage has steadily declined. LINK
The minimum wage has been raised time and time again since '68 but has never out paced inflation. Ya see, corporate America has the Federal Reserve on its side and with the onset of a new minimum wage, inflation necessarily sets in organically or intentionally.
So, I find myself at a crossroads within this whole immigration debate. Should I support GOP corporatism and help slow play minimum wage increases though congressional barriers and Federal Reserve policy to enjoy cheap labor now and into the future? Or, should I join my friends on the left like the late great Cesar Chavez who was vehemently opposed to "open borders because he knew that cheap labor under cut existing workers standard of living?
Help wanted. Which way should I go? Corporations or workers?
3
Posted on 7/21/14 at 7:55 am to GumboPot
Corporate America is the "left" and the "right". They're the same person. Corporate America is the government. The Democrats and Republicans for the most part are like the WCW vs NWO. Their rivalry is staged, their vitriol is manufactured, they share the same goals, and when the cameras aren't rolling they're all good friends. Corporate America doesn't play for any one side.
They play both sides, they own politics. They need government to have influence over everything because if there's no influence to be bought, then they can't buy influence. Corporations can't grow into massive cartels or monopolies without government influence.
They play both sides, they own politics. They need government to have influence over everything because if there's no influence to be bought, then they can't buy influence. Corporations can't grow into massive cartels or monopolies without government influence.
Posted on 7/21/14 at 8:02 am to kingbob
quote:
The Democrats and Republicans for the most part are like the WCW vs NWO.
There is a lot of truth in that statement.
quote:
They play both sides, they own politics. They need government to have influence over everything because if there's no influence to be bought, then they can't buy influence. Corporations can't grow into massive cartels or monopolies without government influence.
I agree.
What I find amazing is all the people on the left that support the influx of cheap labor.
Personally, this influx can only help me financially. I'm not even remotely threatened by the unskilled labor coming over the border. But low wage workers (especially the Obama supporters)? They should be livid. Clearly they do not understand the consequences of their support for Obama's and corporate America's open borders policy.
Posted on 7/21/14 at 8:11 am to GumboPot
quote:
What I find amazing is all the people on the left that support the influx of cheap labor.
That's because they see it as a crisis of compassion. They see these people as the huddled masses mentioned on the statue of liberty. We must let these people in to help them. They don't see illegals negatively impacting the lives of Americans at all because they never have to experience the negative consequences, they just get to feel in their hearts that their efforts "touched" someone's life.
quote:
But low wage workers (especially the Obama supporters)? They should be livid. Clearly they do not understand the consequences of their support for Obama's and corporate America's open borders policy.
Yep. It puts low-wage workers at a huge disadvantage because these illegals don't have to abide by minimum wage laws. They CAN work for less while everyone else can't. This means that people who ordinarily would work those jobs (poor whites and blacks, unskilled labor, teenagers, college students, druggies, people with criminal records, ect) can't get work and instead end up on public assistance or out of the labor force because they can't get those entry level jobs to move up.
Posted on 7/21/14 at 8:17 am to GumboPot
No, Obama is in bed with corporate america and wants open borders as much as they do if not more because the democrat party is gonna need their votes by the time his shitty presidency is over.
This post was edited on 7/21/14 at 8:18 am
Posted on 7/21/14 at 10:14 am to GumboPot
Got a question: why would large companies like Microsoft and Facebook want open borders? I can understand why a company like Wal-Mart would because it would keep a lot of their food products cheap. I'm having trouble understanding how Facebook benefits from low wage workers. I'm trying to understand Zuckerberg's motivation.
Posted on 7/21/14 at 10:41 am to DosManos
quote:
Got a question: why would large companies like Microsoft and Facebook want open borders?I'm having trouble understanding how Facebook benefits from low wage workers. I'm trying to understand Zuckerberg's motivation.
Would free phones, free internet, free food, etc.
Posted on 7/21/14 at 10:44 am to kingbob
quote:
Corporate America is the "left" and the "right". They're the same person. Corporate America is the government. The Democrats and Republicans for the most part are like the WCW vs NWO. Their rivalry is staged, their vitriol is manufactured, they share the same goals, and when the cameras aren't rolling they're all good friends. Corporate America doesn't play for any one side.
They play both sides, they own politics. They need government to have influence over everything because if there's no influence to be bought, then they can't buy influence. Corporations can't grow into massive cartels or monopolies without government influence.
This might be the best, most accurate post I have ever seen posted on this board.
Please post this each time we hear someone saying "We just need to win the senate, then everything will be OK".
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