Cal88 said:DiabloWags said:
Basic Econ 101 tells you that when you cut the SUPPLY of LABOR, the PRICE goes up.
Anti-Immigration is INFLATIONARY.
In fact, assuming 1.3 million in deportations this means that the Unemployment Rate will remain at only 4.2% for the rest of this year with only 70,000 a month in non-farm payroll increases. For 2026, only 50,000.
Yes of course, wages going up would be a terrible thing from your BoomerCon perspective.
I bet you never took Econ 1 at CAL.