Anyone that believes the flight of these foreign workers is going to be some kind of boom for the US economy has no understanding of fundamental economics.
I thought the first place we would see this effect would be in farm workers. But after returning to work this week after a six week medical leave of absence I quickly saw where the first effect was. Poultry. I know, we are just beginning to recover from the Avian flue epidemic, but processed chicken, OMG.
I spot check deliveries. What a bunch of shit. I mean terrible, and I flip shit. What a bunch of shit. I want to refuse delivery, no way I want that shit on the shelf. Just damn nasty looking. But the higher ups tell me I can't, it is all they can get. Which is not really true, it is the price point that makes all the difference. We can sell boneless chicken breast at $2.49 a pound a make a profit. But if we went with suppliers that depend on American labor, no immigrants, it comes to $9.99 a pound.
When I go down to the store level, the guys are telling me that it has been a struggle the entire time I have been gone. Major suppliers have been replaced, only to be replaced again. Just be prepared, the days of $1.99 boneless chicken breasts are about to be a memory. MIght as well accept $6.99 a pound the norm. I can see the supply chain falling apart. And that is just the cannery in the coal mine.
Right, they send billions of dollars back to Mexico, or wherever. Let me ask you a question, what effect does that have on inflation? Do you even know? Have you ever thought about it? You can tap out if you don't understand.
The classic example, the one used by most economists. You got a bricklayer. He hires an immigrant as assistant. The immigrant delivers the bricks, mixes the mortar, something that bricklayer used to have to do. Now, that bricklayer spends more time laying bricks. His productivity increases, significantly. He makes more money, and maybe the biggest thing, YOU PAY LESS.
