My good friend William Teach of The Pirate’s Cove notes some of the stuff that’s coming with the [shudder!] Biden Administration:

Biden Priorities: Amnesty, $15 Minimum Wage, Boys In Girl’s Bathrooms

By William Teach | January 17, 2021 | 7:51 AM EST

Hey, #NeverTrumper, you voted for this with your Trump Derangement Syndrome. This is what you agitated for by telling everyone to vote for not just Joe Biden, but Senators and Representatives. No crying. No whining. No complaining. Own it.

Big Business: Joe Biden’s Amnesty for Illegal Aliens Is a Legislative Priority

by John Binder | January 16, 2021

The big business lobby is cheerleading President-elect Joe Biden’s massive amnesty plan for the 11 to 22 million illegal aliens living in the United States, calling the initiative one of their many “priorities.”

Biden floated the amnesty plan with a number of open borders and business lobbying groups during a meeting this week. Some executives with the groups are calling the amnesty “the most aggressive” plan they have seen while working on Capitol Hill, suggesting it includes not only legislation, but executive orders to legalize most of the illegal alien population. (snip)

Today, 18 million Americans are jobless, and another 6.2 million are underemployed, all of whom want full-time jobs with competitive wages and good benefits. Their chances of securing higher wages and more job opportunities are crushed by the mass inflow of illegal and legal immigration.

Buried the lede: “The CBO also estimated the move would cost 1.3 million American jobs..” https://t.co/gp0AA43itD

— Alyssa Farah (@Alyssafarah) January 16, 2021

There’s more at the original.

The Democrats were big on touting “good, well-paying union jobs” throughout their campaigns. But the obvious question is: why are union jobs well-paying? It’s simple: unionization uses the economic law of supply and demand, by restricting the supply of workers vis a vis demand for workers. If a company is forced to hire only unionized workers, then the supply of those workers is restricted by the number who are in the union.

It’s not just unions: any jobs which require professional licenses or certifications — doctors, nurses, teachers, commercial drivers — are inherently limited in the supply of available workers. Other skilled trades offer such certifications — electricians, plumbers — but their jobs don’t always require people to hold such paperwork.

But the vast majority of American workers do not hold such licenses or certifications, and the computerization of manufacturing has reduced the need for highly trained welders and the like. Most American jobs now require only a minimum of on-the-job training.

However, we have another restriction on supply when it comes to the supply of workers: citizenship or permanent residency status. To be in compliance with employment laws, employers must have copies of the documents which show that a prospective employee can legally work in the United States: a birth certificate, naturalization form or ‘green card.’ This keeps some illegal immigrants from getting jobs, at least with businesses which obey immigration laws.

But if the incoming Biden Administration passes some form of blanket amnesty, then multiple millions of currently illegal immigrants become legal immigrants, eligible to work in the United States, and rapidly increasing the supply of available legal workers.

So what happens? The economic pressures for employers to pay higher wages decreases dramatically. Economics has been called the dismal science because it is, well, dismal, because it is a science that describes people but is based on statistics, and numbers don’t care about people.

Along with this are the proposals to raise the minimum wage to $15.00 per hour, $7.75 an hour above the current federal minimum wage. If that’s done, what will happen?

If a worker earning $7.25 an hour gets raised to $15.00 an hour, that will be a 106.9% raise! Pretty good, huh? But let’s say a worker is already making $12.00. To get a 106.9% raise, he would need to get a raise to $24.83. Why would an employer give a raise to $24.83 to a worker who had been producing at a rate which justified $12.00 per hour? He would have to give that worker a 25% raise, to $15.00 per hour, which I suppose the worker would appreciate, but that previously $12.00 an hour worker would now be a minimum wage employee. Why would an employer give an employee a greater raise than necessary?

Would a worker already making $25.00 an hour, a concrete mixer driver, for example, get a raise? It wouldn’t be required, but now a guy doing a hard, dirty job in all kinds of weather would now be much closer to the minimum wage.

This is the economic effect that Bidenomics would create: downward pressures on wages due to a rapid increase in the supply of available legal workers, along with a pushing of non-minimum wage jobs closer to the minimum. When you have ‘social justice’ driving your economic thinking — and I use the term ‘thinking’ very loosely here — you wind up with policies which result in more, rather than less, poverty and income disparity.

Eventually, a minimum wage increase of that magnitude will trigger price inflation, as employers have to pay more money to the lest productive workers in our economy. The economy will rebalance itself, because that is simply how things work. Inflation will eat away at the wage increase, until the increase is meaningless in real terms, but with more workers pushed closer to the minimum, hourly workers will wind up poorer overall.