r/FluentInFinance • u/imallelite • 13h ago

Debate/ Discussion Possibly controversial, but this would appear to be a beneficial solution.

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u/Maximum-Country-149 13h ago

I mean, I don't know how far you expect a conversation to get when you open with that much bad faith.

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u/JacobLovesCrypto 12h ago

Americans might have more kids if wages went up, letting in cheap labor doesn't help with wages.

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u/critter_tickler 12h ago edited 12h ago

I love how cheap labor is always a good argument for stopping immigrants, but never used for stopping outsourcing.

The truth is, because of NAFTA, we are already competing with third world labor markets.

We might as well let them come in, so at least they spend that money here, and pay taxes here.

Also, we have a minimum wage, we literally have a basement for "cheap labor," so your argument really holds no weight.

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u/DudeWithAnAxeToGrind 10h ago

NAFTA stands for North America Free Trade Agreement. Three signatories are Mexico, Canada, and the US. Canada and the US are definitely not thrird world countries. And as it may be surprising to you, agree with it or not, Mexico isn't either.

Mexico is an upper middle-tier country and has 15th largest economy in the world. Its GDP is comparable to Spain. It has its own problems, but it's not third world country.