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+1. America has two different labor pools: those who are willing to compromise on their lifestyles and those who will only accept a living wage. One side of Am
by schnevets 5y ago
+1. America has two different labor pools: those who are willing to compromise on their lifestyles and those who will only accept a living wage.
One side of America has been celebrating a reduction of migrants entering the country for four years, and now suddenly business owners are seeing that resource pool run dry. Even if these business owners did not rely on immigrant laborers, their own workforce is finding more opportunities. In many ways, it seems like that particular populist administration has provided what was promised.
Unless there is some major shift back to the norm, I can see businesses shifting to leverage labor more productively. I don't think this is a bad thing - America has always been addicted to its cheap, exploitable labor and this trend has gotten worse over the last three decades. Hopefully, these changes can continue to be more equitable to both sides. I could also foresee a reduction in excessive consumption - maybe a reduction in the number of "fast casual dining trends" and other horizontal growth trends.