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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sykesix   😊 😞
Number: of 21944 
Subject: Re: Hard Tapping on the Brakes?
Date: 01/31/25 6:41 PM
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wow! I had no idea the US economy was so dependent on influx of illegals who came into the country in the last 4 years.

It has always been that way. Certain sectors of the economy like agriculture, meat packing, construction, restaurant work, etc. have always relied on undocumented labor for a variety of reasons.

The reason it has always been that way is pro-business politicians want it that way. The majority of undocumented immigrants enter the country enter at legal checkpoints and either over stay their visas or apply for asylum and never complete the process. In large part because immigration courts are so backlogged the applicants are given court dates five years in the future, which gives the applicants plenty of time to blend into the background.

One thing that would be a huge help in this regard is to provide funding to track visa overstays. But probably more important is raising the standards for asylum application (which are very low), providing adequate detention facilities such that those who don't qualify for asylum can be detained (there is a critical shortage of these types of faculties, and so they must be released), and funding immigration courts such that applications can be decided in a timely fashion.

Just such a bill passed the Senate this spring, but died in the House. There are five immigration bills slated to come up in the House this spring. None make illegal immigration any more difficult or address any root causes of illegal immigration. Mostly just increasing penalties for crimes committed by undocumented immigrants, which is just locking the barn door. It is hard to come to any conclusion other than they don't want to do anything about it.

Logically, making it difficult to for undocumented to find jobs might have a real effect in this area. To that end the US government has a system called E-Verify can verify the immigration status of job applicants. It mostly works as described. In 2023 the Florida legislature mandated its use for most employers.

As we know, the Florida Government is quite outspoken on this issue. But it turns out the executive branch never did any compliance monitoring as mandated by the legislature. Literally none. Again, it is hard to come to any conclusion other than he doesn't want to do anything about it except talk.

tampabay.com - Desantis session immigration legislature trump flights florida
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This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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