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Started By
Message
re: Scott Bessent just summed up the migration crisis for America
Posted on 7/6/25 at 9:27 am to Major Dutch Schaefer
Posted on 7/6/25 at 9:27 am to Major Dutch Schaefer
It is a good strategy and the opposite of what has happened in California. California has lost nearly 100 billion annually in taxable income as people move out of Cali and replaced them with millions of illegals draining the public coffers.
Bessent is working at the federal level to remove the drain of illegals and replace it with investments in industries to attract capital and jobs.
Bessent is working at the federal level to remove the drain of illegals and replace it with investments in industries to attract capital and jobs.
0
Posted on 7/6/25 at 9:28 am to SlowFlowPro
quote:
The 2 parties have abandoned capitalists and capitalism
This nation has not been pure capitalist for a long, long, long …..long time.
You know that.
Posted on 7/6/25 at 9:29 am to Wednesday
quote:
Slave wages
Don't really exist, and, again, you're promoting a "living wage". Think about that for a second.
quote:
have socially and economically devastated this country
Not really. We're doing pretty well, especially compared to the rest of the world.
quote:
You’ll never see it, because apparently you believe Dollar Stores, vape stores and hopeless opiate addiction, cultural meccas that the rubes deserve and society should encourage.
There are jobs for these people. Jobs they qualify for that aren't "slave wages". They choose welfare and the pathology of the LCM instead. The same psychology that created ghettos has taken hold in rural areas. I'm only using the same arguments we used to address black people in ghettos, on these rural-white people.
quote:
And I can’t believe I just fed this utter troll.
Not a troll at all.
Posted on 7/6/25 at 9:29 am to SlowFlowPro
quote:
what will the reversal of these suppressed wages have on prices?
“If we can’t have slave labor what’s going to happen to the price of cotton and rice Mr Lincoln?”
Since when is utilizing illegal labor capitalism?
This post was edited on 7/6/25 at 9:31 am
Posted on 7/6/25 at 9:30 am to jimmy the leg
quote:
Wait, so you think Main Street isn’t capitalist?
The government-created redistribution to Main Street isn't.
Posted on 7/6/25 at 9:31 am to SquatchDawg
quote:
slave labor
Leave it to y'all to avoid rationality and rely on histrionic-emotional language instead.
That "slave labor" is above the minimum wage, often above the "fight for 15" level this board melted about some years ago.
Posted on 7/6/25 at 9:32 am to Great Plains Drifter
He behaves as if globalist mega corporations are capitalism. When in fact, they are the opposite.
He can’t unbelieve it. He can’t wash it out. Capitalism encourages competition. These blobs purge it out.
Main Street Capitalism- is actually capitalism. It doesn’t have to be fed with a sugar high of imported cheap labor. That’s what keeps these globalist blobs fueled.
A business that blooms where it is planted lifts all boats. The artificial labor supply, is like those carp fish that take over everything and over power what’s there.
He can’t unbelieve it. He can’t wash it out. Capitalism encourages competition. These blobs purge it out.
Main Street Capitalism- is actually capitalism. It doesn’t have to be fed with a sugar high of imported cheap labor. That’s what keeps these globalist blobs fueled.
A business that blooms where it is planted lifts all boats. The artificial labor supply, is like those carp fish that take over everything and over power what’s there.
Posted on 7/6/25 at 9:34 am to Wednesday
quote:
A business that blooms where it is planted lifts all boats.
Again, I addressed this directly and you already ignored it, only to respond to someone else promoting it without any basis behind it.
How is taking money from more productive areas to push it towards less productive areas going to "lift all boats"?
Posted on 7/6/25 at 9:34 am to SlowFlowPro
quote:maybe I’m not following but how did we get from ‘removing illegals working for slave wages’ to ‘socialist-style help’?quote:
Sometimes Main Street is going to get the ball and score.
And this socialist-style "help" will hurt them eventually.
Posted on 7/6/25 at 9:35 am to SlowFlowPro
quote:
Taking form the successful to redistribute to the less successful
You're doing a very poor job of explaining how enforcing border laws is a wealth redistribution plan.
quote:
That artificiality is a pretty modern governmental regulation
Exactly. And Trump's immigration policy is just reverting back to the mean as far as border enforcement that existed in this country since its inception in a capitalist system. Exactly what is your point?
Posted on 7/6/25 at 9:35 am to SuperSaint
quote:
maybe I’m not following but how did we get from ‘removing illegals working for slave wages’ to ‘socialist-style help’?
Addressed within the first 5 responses
quote:
Nobody has been able to explain how this would work.
Successful people who have money to invest having to pay more for goods (due to the inflationary pressure of higher wages) means less money will be spent elsewhere, especially in investing.
And the people who will get the bump in salary won't be making enough to have an abundance of extra money to invest. They'll still be in the lower-level earning demographics, and still struggling economically.
This means less money flowing to our more productive areas (which require the investment) and that means less economic/GDP growth.
There is a reason the "blood and soil" types peg this correctly and attack GDP/SOL (typically labeling economic success as an "economic zone") with to promote their proposed racial harmony.
Posted on 7/6/25 at 9:36 am to SlowFlowPro
It’s a perfectly reasonable comparison with a 21st century twist.
Import workers illegally to produce goods at a lower price….and boost the census and representation while you’re at it. The Masters and consumers profit.
Import workers illegally to produce goods at a lower price….and boost the census and representation while you’re at it. The Masters and consumers profit.
Posted on 7/6/25 at 9:37 am to SoFla Tideroller
quote:
You're doing a very poor job of explaining how enforcing border laws is a wealth redistribution plan.
I'm talking about the forced salary increases Bessent specifically discussed in the video.
quote:
And Trump's immigration policy is just reverting back to the mean as far as border enforcement that existed in this country since its inception in a capitalist system.
Not since it's inception. Again, that's a modern governmental regulation. Barely 100 years old.
The majority of our country's life did not have these regulations, just FWIW.
Posted on 7/6/25 at 9:37 am to SlowFlowPro
quote:
How is taking money from more productive areas to push it towards less productive areas going to "lift all boats"?
fricking gross
Posted on 7/6/25 at 9:37 am to SquatchDawg
quote:
It’s a perfectly reasonable comparison with a 21st century twist.
Making multiples over the MINIMUM legal wage is never "slave" wages.
What do you call people who earn the min wage?
Posted on 7/6/25 at 9:39 am to SlowFlowPro
You're contending that in, say, 1879 Mexicans could just cross the Rio Grande by the hundreds of thousands completely unfettered and settle in Texas?
Posted on 7/6/25 at 9:39 am to SlowFlowPro
quote:
What will be the effect of less capital investment?
Once again, capital investment, be it human or monetary, is not a zero sum game. You portend investing one dollar or one hour returns the same.
Bessent is simply saying you remove the investments that are a drain and then can use that capital to invest in projects that have a significantly better return on investment.
I once again give you the United States as an example. How much capital did the country have in 1776? Yet somehow built itself into the largest economy in the world. Its not a zero sum game.
Posted on 7/6/25 at 9:41 am to SlowFlowPro
quote:
Successful people who have money to invest having to pay more for goods (due to the inflationary pressure of higher wages) means less money will be spent elsewhere, especially in investing.
And the people who will get the bump in salary won't be making enough to have an abundance of extra money to invest. They'll still be in the lower-level earning demographics, and still struggling economically.
This sounds very elitist.
Those poor people don’t do anything with useful with money - it’s better for the rich to get their cheap goods so they can invest it?
ETA: also isn’t there a benefit of having citizens less dependent on social welfare…regardless if they’re “investing” as you put it?
This post was edited on 7/6/25 at 9:47 am
Posted on 7/6/25 at 9:45 am to SlowFlowPro
So in one post you say that the bump for lower income folks is insignificant and then in the other talk about how much money illegals are making trying to refute the comparison with the slave trade.
Which is it?
Which is it?
Posted on 7/6/25 at 9:47 am to SlowFlowPro
quote:
So what will the reversal of these suppressed wages have on prices?
Prices and cost of services are going up, way up.
I'm sure Sec Bessent touched on that.
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