>>513459659
The mass immigration has led to lower wages. Plainly. I can tell you're not a big shareholder anywhere because this is a constant topic at all fortune 500 companies in revenue reports and shareholder meetings. "We don't have enough immigrants to keep wages down this quarter" is a pretty common thing to hear.
I am a multimillionaire, I make hundreds of thousands just sitting on ass. But I want society to be better. I want my friends to have it better. I want my son to be able to make it too. And people like me are shouting from the rooftops that literally livable wages and mass immigration are totally mutually exclusive concepts. If you are going to die on this hill wanting "Global abundance" or "High GDP per person" then get used to increasing wealth inequality. One of my houses now rents to 12 Indians. I don't give a shit, but do you think the Average American mad about not having a house can rival the productivity of 12 working H1B's? You can't. And they pay me higher rent than you can. And the demand from more of them would mean I have a positive ROI even on a 50% crash.
Fuck yourself if you want, but there is a path out of poverty that will grow the middle class, but you have to be anti mass immigration.
It's not even a debate, there's a ton of studies going back since forever, but noteworthy ones in 2016 with huge samples.
https://cis.org/Oped/Evidence-shows-immigration-reduces-wages-significantly
Higher wages increase inflation, but barely. Because wages are a very small part of total wealth. It's nothing compared to printing more money. During Covid Democrats and Jews in the Federal Reserve were printing $75T a day and the result was 90% of all USD in circulation were created in the last 5 years. It was a wealth transfer from you to the rich company owners by way of making your dollars worth less. Then they kept your wage the same by flooding the country with scabs.
