This is the issue with first-order thinking: if you assume all other factors as constant, then sure, increase in demand with no change in supply is a problem.

This is the issue with first-order thinking: if you assume all other factors as constant, then sure, increase in demand with no change in supply is a problem. Domestic policy, especially around jobs and employment, has been hostile to domestic workers. The US re: management of the economy does not correctly account for inevitable immigration, so the response is a reactionary one to conditions that could and should have been anticipated. We can make room in our economy for more workers because we know how to improve productivity: capital investment into productive enterprises. The way we do capital investment today is largely by incentivizing private investors to take ownership of shares in companies, but as we've seen that creates perverse incentives around maximizing shareholder value -- see: massive layoffs of late, commonly justified by the phrase "wages are up to half of expenditure". It's a direct consequence of fiscal policy and the way the economy is structured. This doesn't even address things like wealth and income inequality, which are for this discussion out of scope. What about a more holistic approach, with public money invested and public ownership of companies? This puts the companies in a context where they are measured not just by pure microcosmic profit measures, but by their contribution to GDP as well as exports. The government uses different functions for optimizing different metrics than private citizens. Free marketeers pretend that private investment can achieve the same macroscopic goals but we've seen exactly how and how often those assumptions, hopes, and dreams fail to be borne out in reality. With more public investment, and easier paths to citizenship, US productivity re: GDP and exports would skyrocket if implemented correctly. American exceptionalists would come full circle to the ideals of earlier times by creating strength through diversity on the shoulders of a "nation of immigrants". What's more American than that? All of this goes against institutional common sense, but even that's somewhat besides the point, because the point is that GP just assumes that their view on the matter is obviously and absolutely correct so the conversation ended before it ever began. To echo the pithy and trite tone of GP: know-it-alls and pooh-poohers are un-American.