Re:CDC website built by Deloitte at a cost of $44M is abando...
by 1cvmask on Sunday January 31, 2021 @10:45AM
(#25979586)
Increased supply of labor depresses wages ceteris paribus.
That is why George W Bush and older generation Republicans always supported legal AND illegal immigration. Their constituents were the businesss that thrived and made more profits from a cheaper laborforce.
The Democrats were historically hostile to immigration because their base was the working class. Now that Wall Street and Big Business has gone Democratic since Bill Clinton and the New Democrats there will be more supply of labor and thus lower wages ceteris paribus.
That is why George W Bush and older generation Republicans always supported legal AND illegal immigration. Their constituents were the businesss that thrived and made more profits from a cheaper laborforce.
The Democrats were historically hostile to immigration because their base was the working class. Now that Wall Street and Big Business has gone Democratic since Bill Clinton and the New Democrats there will be more supply of labor and thus lower wages ceteris paribus.