Feniin let’s start with the fact that lower up to middle class wages have not risen in over 30 years when you adjust for inflation. With all the technology increases that have made increased production, there’s been no increase for the lower class. There’s been great increase for the upper class during this time.
https://www.pewresearch.org/fact-tan...d-for-decades/
Let’s consider an example here. Town A has 1 painter. Someone needs their house painted. This 1 painter has a standard rate and he gets paid a great wage he can largely dictate because no one else is competing.
But then they get another painter. This second painter starts looking for work and will work for a little less money. But still, with 2 painters there’s enough work for both of them to live.
But how about 5 painters in the area? 10? 50? Then say 40 of them come from a war torn country, they fled and now they will work under minimum wage laws and it doesn’t matter if they get caught.
The 1st painters lost their economy. Instead of having a ladder into the middle class, maybe leveraging success into investment or painting business and then eventually the upper class, it turned into a bunch crabs that need to compete for jobs that underpay.
This is the destruction that happens when you have an unlimited lower class that will work under minimum wage laws.
