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This is exactly it. By intentionally ensuring the working class live in poverty, this creates desperation, which means people will accept even worse conditions and even less pay to do terrible jobs - and their children, too.
This is simply the next step in what has already been a decades-long strategy of exploitation.
Yep, there’s probably already a bunch of children of illegal immigrants that are working to support their parents because their parents can’t go out to work any more. Or even worse, their parents have been deported already and they’re sending money abroad to support them.