There have been many stories popping up about the tight labor market and how businesses are running out of people to hire.
This is a result of White House policy that limits working and student visas, which has created a bottleneck in the supply of labor. The goal is boost wages and bring more Americans into the work force.
We’re talking about temporary worker migration here… NOT immigration.
This is a big issue and it’s changing our economy, so I called Rodney to discuss this issue and the implications. Possibly the biggest is that we’re all going to end up paying a tax that none of us signed up for, in the form of rising prices for consumers. Or is it worth it paying a bit more for goods if it means hiring an American worker at a higher wage?