Posted 12 years ago on Sept. 27, 2011, 7:46 p.m. EST by Chef
This content is user submitted and not an official statement
I have seen this problem coming since the internet stock boom. Me, I am a out of work chef. I have seen all of my job opportunities disappear because of the invasion of illegal immigrants. I dont blame them, they are here to make money to support their families. And most of them are stand up people. But over the last 15 years or so they have lowered the paying wages.
Now with the economic slowdown workers are being laid off in an industry that at one time seemed to never stop growing. And they are always willing to take less pay, so who gets stuck without a job? You guessed it.
I am very savy when it comes to economics. I have predicted basically everything that has happened for the last 10 years. I probably could have made a fortune off of the stock market, but didnt. I knew there was something wrong. It basically comes down to when the natural laws of economics do not apply, something is wrong.
We became a nation full of blue collar workers who produce, and service to a nation full of white collar workers with completely inflated salaries, because of inflated prices. Lets just say a real estate sales person in 2006 got 5% commision on a home sold for 300 thousand ($15000). Now to make that $45000 that they want to make they only have to sell 3 homes a year. Now what if the price was 100 thousand instead of three? Now they would have to sell 9. And therefore instead of having 3 jobs as real estate agents you have 1. Now this can be applied to almost any industry. And people want to know where all the jobs have gone? Hmmm and while all this is happening lets move all the manufacturing jobs out of the country, give all the service jobs and blue collar jobs to the illegal immigrants. Hmmm where have all the jobs gone?