No then all of those willing citizens will line up to work for the prevailing wage. Isn't that what all of the close the border folks keep saying? We will see millions of white folks on roofs, busing tables, mowing lawns cleaning toilets. All of those jobs both blacks and whites are just itching to get their hands on.
Precisely. That's what I was talking about with the 4.7% unemployment rate versus the ZERO% unemployment rate. We need to get these jobs up to a realistic wage for AMERICANS prior to allowing non-Americans to take them! Who do you think is going to buy a 1600 square foot ranch in Long Beach for 1.8 million in 10 years?
It is a supply and demand thingie. If there is a shortage or workers, wages go up. Restaurants will become much more expensive in some places. The area where it will be difficult, very difficult, is in the construction industry. There will need to be an immediate temporary worker regime in that area, or there will be severe economic disruption. Hispanics, including a bunch of illegals, tend to do that kind of work so much better than much of the rest, and the demand supply price curve I suspect is pretty inelastic in the short to medium term.