The Prez Wants High Wages And Lots of Cheap ‘Immigrant’ (How Do You Do That?)

ContradictionsA fast food job today resembles the work that not long ago, helped students through college; today, the students rely on government secured loans and the jobs are filled by “immigrans.” That’s destructive for both cases.

The loans mean that graduates face years of indentured servitude and the industrialization of wetbacks has foreclosed entry labor jobs for U.S. citizens. And now, President Obama and his union allies are trying to destabilize the entry level labor market by forcing higher wages upon the fast food industry.

The President is unrolling a substantial increase in the minimum wage while the SEIU (Service Employees International Union), having failed in trying for massive fast food strikes over the last couple of years, is switching to ‘rent-a-mob’ street riots to accomplish its goal of increased fast food wages … shades of the Great Depression! These tactics ignore some economic realities, not that such a posture is rare among politicians.

Entry level work performed by young beginning workers works; replace those with older ‘immigrants’ with families and you have a class of impoverished workers. Use government to force the wages above what the work is worth in the market and you have a distorted economy. The higher wages must be paid from higher prices, which reduce sales. Reduced sales, reduce employment. It’s a political illusion; do the math!

While the Prez is with one hand, pushing for higher wages, he is with the other, swelling the supply of ‘immigrant’ workers. That tends to lower wages. The Prez seems a bit confused … Or perhaps that’s why he seems to be hiding the ongoing inflow of illegals.

This meddling with economics has never worked; the only long term result is poverty as Venezuela is presently discovering — the next bowling pin in line after the economic collapse of the Soviets. And the Prez and his Dems economic fast food fantasy is already doomed by the advent of a new robotic burger maker that can turn out 360 burgers per hour. The politicians can repeal common sense but they can’t repeal economics in the long run.

And these clearly confused, ignorant or just irresponsible people have appointed themselves in charge of the U.S. economy! No wonder it’s sagging toward poverty …

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About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much)
This entry was posted in Business, Economics, Illegal Immigration and tagged , , , . Bookmark the permalink.

10 Responses to The Prez Wants High Wages And Lots of Cheap ‘Immigrant’ (How Do You Do That?)

  1. Your point that immigrants soak up all the marginal jobs so that there are none for young workers ( and also part-time women, the elderly and slightly handicapped – marginal jobs for marginal workers) is a core point religiously avoided in the UK , alongwith more people means lower wages. But I disagree a bit over minimum wages. We don’t have a free market and we have never had one. The free market is dangled in front of us as if it were real and not a Utopian dream. The world would be a very different place if we had had a free market. Third world producers would have been able to get a foothold. What we have is a rigged market with the cooperation of the politicians. There is no way business can just be allowed to run itself. Political intervention is absolutely necessary, but what that political intervention is, is a matter of political debate. I could go on, but you’re bored already, so I’ll leave it there. Big subject.

    • Jack Curtis says:

      Very large subject! My own short version: There is no such thing as “Economics.” It is simply a subset of Political Science. The old guys who once called it “Political Economy” were on the mark.

      Not sure that government regulation of an economy is “necessary” or even desirable, but as no politician dead, alive or prospective will ever keep his hot, slimy hands off any economy he can reach, the thought seems a mere indulgence in fantasy … I will have to concede you the field.

  2. Good take on economics. The economic theories posit an ideal world which would have to be absent of politicians. Maybe a Utopian vision would be viable if we could somehow work out how to get rid of politicians/power addicts and all the other criminals. Outside heaven, if such exists, that is just a dream. Comes down to power then? That’s what I thought democracy was for – to balance the interests.

    • Jack Curtis says:

      Yes, but voters too have interests … and governments have guns. And that last is visibly upsetting to governments when they have to share them.
      With time, it seems likely that (1) any large enough group of people will end up with a government and (2) The government and the group will eventually get crosswise and sort of deliquesce into a puddle.

  3. Michael says:

    I am not sure if he is just stupid (probably the reason he sealed his college transcripts) or he really does know he is lying out of both sides of his mouth at the same time.

  4. Michael says:

    TRUE democracy is no government.

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