Is corporate America slow playing Obama and the left with "open borders"?

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?