Bennett Hypothesis: Financial Aid Increases Tuition

[sanantone]

Upton Sinclair's book was written at a time where there was limited competition and mass monopolies.  When you have monopolies companies produce less to drive up prices, they, also then control the free market, and it is no longer free.

Anarchy isn't the solution either.

Yes hiring an illegal is part of the free market process.  To have a healthy economy, some sort of rule of law is necessary to protect private property rights of a countries citizens.  You cannot have open borders where the have-nots from other countries can come in and plunder the taxpayers of a nation.  Most illegals send their profits back to their home country, abuse the welfare system, and send their children to public schools when they pay very little into the system.  Their rate of consumption is higher than their proportion of production while at the same time force wages at the bottom down.  They plunder from tax paying citizens which creates a win-loss effect. 

Farm labor is being replaced by automation and AI.  But we really don't know if Americans are willing to work in farms since the wages are kept low by illegals willing to work for less.  But if there were a shortage of those picking fruits and vegetables, the wages would go up and people will work in the farm fields.  Then again there are plenty of family farms where Americans work every day, so I'm not buying the theory that Americans refuse to work on farms.  

I believe AI and automation will lead to a shorter work week long-term.  

A healthy economy has the rule of law (protection of property), low regulation, low taxes, and free markets.

Remember crime is counterproductive to a healthy economy, which of course illegal immigration is a large contributor in that area.

If there is any sort of regulation, then it is not a true free market economy. A true free market economy was seen in Somalia when it had virtual anarchy. There is an experimental place somewhere in the U.S. that has no regulations; that's a true free market economy. 

Illegal immigration is down and has been down for a while. We already know what happens when there aren't enough migrant workers. Crops are going unpicked wasting money, and farmers are struggling to afford higher labor costs 

https://www.usnews.com/news/national-new...investment

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We're 100 miles or so from oil fields, but I don't see that mattering to high school kids that aren't in the oil fields anyways. Especially combined with the insane amount of welfare usage, 15 an hour goes far in my county. Maybe in 5 to 10 years oil will "get over here" and drive everything up. Hopefully I am gone by that point. It's always fun to pick out the gang tattoos standing in a long line at a gas station in an oil town.

High school kids aren't the only ones who work at McDonald's. When I worked at fast food restaurants, most of my coworkers were adults.