zlacker

>>tysone+(OP)
Wage growth would help, but for some reason, these articles never even mention immigration. The scale of immigration both legal and illegal I believe has the greatest impact on the lowest sectors of society. The lack of discussion on the impact so many potential new workers is having on wage growth leads one to think they believe labor cost is the one thing immune to the law of supply and demand.

>>tosser+aH
I'd argue that legal immigration has the greatest impact on higher sectors of society- such as salaries in software / IT. This can be fixed by raising the minimum pay for H1Bs. I'd believe that illegal immigration has a incredibly small effect overall.

>>sdinsn+dI
The illegals are all picking strawberries for below minimum wage so we don't have the bear the true costs of our food. Remove them and there would be serious repercussions for those at the lower strata of society.

>>kevin_+SN
Has anyone ever calculated the maximum possible wage for a job? Take strawberry picking for an example. If run by a non-profit, what is the highest possible wage? Would be interesting to see this relative to the actual wage.

>>beamat+lQ
The entire farming industry is distorted. It's much more subsidized and controlled than most industries. For instance we literally pay some farmers not to grow food. And at times when harvests are high the government will prevent farmers from marketing some portion of their harvest which, in extreme cases, can mean that food simply ends up getting destroyed. It's all about extreme manipulation of supply to try to control prices.

I'm not really supporting or opposing the system, which is a topic for another place, but just mentioning that farming is not like people think it is. So trying to determine what 'market wages' would be like is not really possible when much of the entire industry is operated outside the bounds of the market.

>>TangoT+jS
> For instance we literally pay some farmers not to grow food. And at times when harvests are high the government will prevent farmers from marketing some portion of their harvest which, in extreme cases, can mean that food simply ends up getting destroyed

Wait, so they are intentionally keeping food prices higher by paying people to not grow food? I mean, I understand that we need farmers and dipping food price markets isn't ideal, but... wow... what a world.