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As long as the US stays very rich and <4% of total global population, we will not run out of cheap foreign labor unless the rest of the world becomes very rich

As long as the US stays very rich and <4% of total global population, we will not run out of cheap foreign labor unless the rest of the world becomes very rich or die off en masse.

toomuchtodo 2y ago
I don't believe we can rely on the idea of wealth and a never ending supply of cheap foreign lump of labor from anywhere in the world (it has not gone well for Europe, for example, and Sweden is paying migrants ~$34k to return to their country of origin). A majority of the US population supports deporting the existing undocumented immigrants in country, and limiting further immigration (do they understand this would stoke domestic service inflation? probably not). The wealth is immaterial if the electorate ties your hands politically. Demographic systems and political populism are running head long into capitalism. This story is a symptom of that. https://www.axios.com/2024/04/25/trump-biden-americans-illegal-immigration-poll https://www.axios.com/2024/04/25/trump-biden-americans-illeg... https://news.gallup.com/poll/647123/sharply-americans-curb-immigration.aspx https://news.gallup.com/poll/647123/sharply-americans-curb-i... (I am once again asking to think in systems)
- onlyrealcuzzo 2y ago
  This is not "running out of cheap labor". This is tying your hands behind your back and not accepting it. There's a difference.
  - toomuchtodo 2y ago
    The difference is the discussion, the outcome is what matters (imho). If something is technically possible, but impossible to achieve (for whatever reason), it is not truly possible. There is, to my knowledge, no country that has solved its labor supply challenges with mass immigration in a sustainable manner. I am happy to be proven wrong if my understanding and model is inaccurate.
    - onlyrealcuzzo 2y ago
      > There is, to my knowledge, no country that has solved its labor supply challenges with mass immigration in a sustainable manner. Qatar's population has been happy with their system for a while.
      - toomuchtodo 2y ago
        https://www.google.com/search?q=Qatar+migrant+abuse https://www.google.com/search?q=Qatar+migrant+abuse
        onlyrealcuzzo 2y ago
        That's not Qatar citizens complaining.

As long as the US stays very rich and <4% of total global population, we will not run out of cheap foreign labor unless the rest of the world becomes very rich or die off en masse.

toomuchtodo 2y ago

I don't believe we can rely on the idea of wealth and a never ending supply of cheap foreign lump of labor from anywhere in the world (it has not gone well for Europe, for example, and Sweden is paying migrants ~$34k to return to their country of origin). A majority of the US population supports deporting the existing undocumented immigrants in country, and limiting further immigration (do they understand this would stoke domestic service inflation? probably not). The wealth is immaterial if the electorate ties your hands politically. Demographic systems and political populism are running head long into capitalism. This story is a symptom of that. https://www.axios.com/2024/04/25/trump-biden-americans-illegal-immigration-poll https://www.axios.com/2024/04/25/trump-biden-americans-illeg... https://news.gallup.com/poll/647123/sharply-americans-curb-immigration.aspx https://news.gallup.com/poll/647123/sharply-americans-curb-i... (I am once again asking to think in systems)

onlyrealcuzzo 2y ago
This is not "running out of cheap labor". This is tying your hands behind your back and not accepting it. There's a difference.
- toomuchtodo 2y ago
  The difference is the discussion, the outcome is what matters (imho). If something is technically possible, but impossible to achieve (for whatever reason), it is not truly possible. There is, to my knowledge, no country that has solved its labor supply challenges with mass immigration in a sustainable manner. I am happy to be proven wrong if my understanding and model is inaccurate.
  - onlyrealcuzzo 2y ago
    > There is, to my knowledge, no country that has solved its labor supply challenges with mass immigration in a sustainable manner. Qatar's population has been happy with their system for a while.
    - toomuchtodo 2y ago
      https://www.google.com/search?q=Qatar+migrant+abuse https://www.google.com/search?q=Qatar+migrant+abuse
      - onlyrealcuzzo 2y ago
        That's not Qatar citizens complaining.