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evidenced plainly by the fact that they'd invest 1.5+ trillion in the magical "I don't need workers anymore" word guessing machine and keep doubling and tripling down upon it at the potential peril of the global economy
I'm shocked more people don't realize this. There is absolutely nothing broken with the system. It's working exactly as intended. The suffering of the lower classes is the desired outcome. If we're too tired, desperate for enough resources to survive, and too afraid, we won't be able to stand up for ourselves and demand something better.
And unfortunately it's working spectacularly.
There aren't enough workers per retiree anymore. That's why publicly traded companies have to do nasty things to keep their stock prices growing for said retirees. Remember, retirement funds are usually based on stock indexes, not bonds which are super slow growth.
We've been living in a system predicated on infinite growth. The old can retire because there are so many young people working. Now people live longer than ever (on average; not individually) and are having fewer kids than ever. Naturally the workers need to be exploited if the old people want to retire.
Migrants would actually be beneficial because they make the economy grow again.
And when people do stand up to ask for EVERYONE to receive what they should be given for their work, fare wages, affordable healthcare, half the nation screams at them, threatens to run them over, and says they must not have jobs because they can protest on a Saturday. They’re doing the work for the wealthy for free, busting up worker rights movements as a hobby, just to keep themselves poor and sick.
It's both, but boss is the biggest contributor of the two by far. I've worked for few owners, they hate payroll. It's their biggest expense and that infuriates many of them. They despise paying anybody anything.
So, of course a huge amount pay the lowest wages possible, and a lot of them would own you as a slave if it was legal, no doubt. And they'd grumble about the cost of the gruel.
Government's fundamental job is keeping the general population from being enslaved by these people. It's what government is for.
It’s their biggest expense
I kinda doubt this is true for most businesses to be honest. It's just the expense that most pisses them off.
It's kinda like if you ever get into an argument with someone about US government spending. Many people believe military personnel is the biggest ticket item for the pentagon when it is not even close.
Many companies spend more on marketing (in house or more often outsourced) than they do on labor. But for some reason, labor is always what pisses them off.
We've been working for different types of companies then, because I'm going to have to agree with the other guy on payroll usually being the biggest. Definitely so for office type work, probably less so for industrial work where you need to buy a bunch of input goods.
Every worker should be a part of a union. It is worth it to have some one on your side in negotiations.
No there the job creaters you moran!! [sic]
- people who simp for the billionaires
lol really? Cheap labors drives down wages.
It is most certainly in the business's interest to pay the absolute minimum possible
But is this not basic supply and demand? More people wanting a job pushes the price down, migrants are more people
More people isn't just more supply, it's also more demand. More people means more customers.
There are very few businesses that increase staffing 1:1 proportionally with customers
And? I'm talking broadly about the economy, not one particular business.
That's just deflecting from the fact that more people job seeking means lower wages, without even considering that people moving from poorer countries will typically work for less
How is that a deflection? It's a direct refutation of your central point.
When a person moves in and takes a job at a grocery store, they aren't just a customer for the grocery store. They are a customer for clothing stores, movie theaters, appliance stores, barbers, restaurants, mechanics, etc.
To simplify things to "basic supply and demand" levels: if you have 20 businesses in town which each staff at a 1:20 ratio, 20 migrants moving into town and shopping at those businesses, increases supply exactly in proportion the increase in demand.
It's reductive, but then "basic supply and demand" is itself extremely reductive. It's a drastic simplification to illustrate basic concepts, like frictionless surfaces and spherical cows in Physics 101. "Basic supply and demand" is not how economies actually work, it's a simplified model for Econ 101.