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Originally Posted by woj
Getting rid of them seems like a good idea, but
1. real estate market is weak as it is, less population = less demand = bubble may burst, and shit may hit the fan
2. No matter how things are spun, getting rid of illegal immigrants will cause prices of many goods and services to go up.. In theory, wages will go up to compensate for the higher prices, but then this will fuel inflation, fed will continue to raise interest rates to fight inflation, and then RE estate owners will be even more fucked... causing shit to hit the fan even harder...
In my opinion this is all polititical bs, the economy is pretty weak and fragile as it is, and there is no way doing major changes to the labor market like this will not cause economy to collapse...
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All of these problems you point out can be traced back to our departure from the gold standard. You see, there should be no federal reserve. The US Dollar is worthless as it is, Mexicans or no Mexicans. Everyone wants to keep the lie going a little longer, and they'll let all kinds of insane and illegal things happen so they can have a few more years of ignorant bliss. I say let the damn economy collapse. Maybe next time people wont be so stupid and allow the government to put such a scam in place and call it an economy.