I had a friend that voted for Brexit. When I asked him why, he said that his grandfather was able to buy a house and take care of his family on his salary. His father was able to do the same. He said, these immigrants come in and live two families to a house and are willing to work for far less. He said, I don't want that type of future for myself.
No amount of telling him that -- the people that caused this issue are also benefitting from Brexit -- could convince him.
Was weird because I wasn't an immigrant but my family was and he was cool with me.
It's a day broader metric.... That way, slave wage companies can't screw their workers by charging out the ass for the services they're providing for next-to-nothing. Then the business owners can fight with everyone about keeping the inflation rates low so they can enjoy paying their workers less.
Let these two asshole groups duke it out amongst themselves.
Inflation however is a load of bollocks. It's inaccurate to measure and can be oh so easily manipulated.
House prices have been rising at a stupid rate for decades yet we had in the UK a typical inflation rate of... 0.1% for a decade whilst house prices out performed everything else because they just ignore it.
Like how if your favourite brand of cereal goes up 700%, that won't be included in inflation data they make the assumption you'd eat a generic brand instead that only went up 0.5%
It's all bollocks the lot of it, remove money it's not worth anything anyway
Ah yes, let's attack our neighbors who try to save their money, and let's ignore the bankers and politicians who created the system that incentivizes this behavior.
This whole argument of peoples pension funds being the largest shareholders in a company is bizarre. https://www.blackrock.com/institutions/en-us/insights/public-pensions-survey pensions are owning less and less of the stock markets every year, become less and less relevant. Institutions like blackrock however are growing. Consistently.
Like mate your neighbour Barry isn't calling into the shareholders meeting to criticise the CEO for paying $0.05 an hour over minimum wage the the receptionist.
Institutions like blackrock however are growing. Consistently.
Ah yes, let's blame blackrock who provides a service for our neighbors who want to protect their wealth and invest, and let's ignore the bankers and politicians who created the system that incentivizes this behavior.
No one is pointing the finger at regular people... The problem is that the richest 10% own 93% of all stocks, and the 1% own 54%. The 1% often IS the bankers, and they did create the system, and they paid the politicians to pass it. You're just muddying the waters.
"[the landlord leaves the worker] with the smallest share with which the tenant can content himself without being a loser, and the landlord seldom means to leave him any more." - Adam Smith
Mudrock family are immigrants, also were in UK while publishing xenophobia.
Shiity people often abuse the USA's liberties in bad faith and prosper.
But govt people allowed the mergers until the media are mostly owned by them, soon there will be ONE major grocery chain in USA, apparently the Loblaw imbroglio is invisible from Wash DC, and buying and selling personal data is commonplace, not even taxed much less protected.
Those Pogo comics of them going downhill out of control are from the 50s, that pure copper penny still hasn't dropped.
Who got bailed out in 2008? And who bailed them out?
Don’t forget the massive property tax increases and home insurance increases. Both have doubled in less than 10 years. At least they have here in FL with our wack job governor.
And the lack of state income tax. The tourist taxes only go so far, they've got to make that money somewhere, property tax is one of the places Florida balances the books.
One of my best friends is an illegal immigrant and I've realized that he is here doing what I'm doing. Trying to get by and provide for his family. If the tables were turned I'd do the same and if all these people against them say they wouldn't, they are full of shit. Actually, there's such shitty people that they probably wouldn't anyway.
You all are fundamentally missing something with real estate pricing increasing, and that's how it's used for money laundering.
You know how you can sell a piece of art to someone for any price and how that gets used for money laundering? Well, the rich do that with houses and property too. Hint: a lot of real estate agents aren't really working as real estate agents. They are someone's escort or drug dealer etc who gets payment in the form of a cut of the property they "sold," but in reality was a pre-planned transaction that didn't really need real estate agents to facilitate.
So basically they are subsidizing illegal activity with our properties.
Oh, they talk about it in the documentary Active Measures (2018) when discussing Donald Trump doing it with commercial real estate and iirc, the mob/mafia. McCain and Hillary Clinton are in that doc. I'm looking for a link to the full documentary and will update this comment if I find it.
To be fair, the canadian minister of immigration recently admitted that they should have slowed down on immigration sooner.
Landlords and shareholders do have incentives to drive rent up and wages down, and immigration is one way to do it. The housing and job market crisis aren't there for no reason, and it's partly due to immigration.
the canadian minister of immigration recently admitted that they should have slowed down on immigration sooner.
A politician pandering to the Right doesn't make it true.
housing and job market crisis aren't there for no reason, and it's partly due to immigration.
Nope. Nobody's forcing employers to exploit immigrants desperate enough to work for less due to fewer opportunities and less support.
Likewise, housing is much more expensive than simple demand would dictate. Landlords aren't charging as much as is fair all things considered, or even as much as people can generally afford. They're charging the absolute maximum that they can get away with, which is usually more than people can afford.
I don't have an opinion on housing, but that's not how job market works. The final decision to employ an immigrant ultimately comes down the HR & company. Saying that "immigrants took our job" is like loosing an auction and saying "they took your painting"
They tried that over here with Brexit. Those darned immigrants stealing our jobs (while also just living off benefits, of course). EU citizens were like, screw this. They left, suddenly farmers were faced with their produce rotting in the fields, because guess what? The Brits don't actually want to do those jobs.
So what do you think happened next? They had to allow special visas to lure immigrants back in.
Meanwhile, the gammons were still raging that immigrants lower wages because they'll work for less pay than UK citizens.
Yes, but if you facilitate access to foreign workers, let's say with a "temporary foreign worker program", like it is the case in Canada, companies will go after them first because they are cheap labor and are easy to abuse. Meanwhile, there are new graduates who struggle to find jobs.
It does not help canadians and it does not help foreigners. Sure, we can always blame the companies, but the government also has it's part of responsibility by enabling this.
Back in 2019 I needed to move across the country on very short notice. It didn't leave me any time to sell my house. A friend of mine was getting absolutely screwed on rental payments, so I did some math, and offered to rent it to them at a rate that just barely covered the mortgage and taxes. It was SIGNIFICANTLY below market rate, and significantly less than he was currently paying.