And a whole lot of the middle class at the same time? The answer is so obvious, even liberal writer Mickey Kaus can see it:
If you’re worried about incomes at the bottom, though, one solution leaps out at you. It’s a solution that worked, at least in the late 1990s under Bill Clinton, when wages at the low end of the income ladder rose fairly dramatically. The solution is tight labor markets. Get employers bidding for scarce workers and you’ll see incomes rise across the board without the need for government aid programs or tax redistribution. A major enemy of tight labor markets at the bottom is also fairly clear: unchecked immigration by undocumented low-skilled workers. It’s hard for a day laborer to command $18 an hour in the market if there are illegals hanging out on the corner willing to work for $7. Even experts who claim illlegal immigration is good for Americans overall admit that it’s not good for Americans at the bottom.
The law of supply and demand applies to labor, too? Whoa! What’ll Kaus discover next? Gravity?