He wants to cut off immigration and raise the minimum wage to $20 an hour?
https://www.nytimes.com/2024/06/13/opinion/jd-vance-interview.html.
It’s a classic formulation: You raise the minimum wage to $20 an hour, and you will sometimes hear libertarians say this is a bad thing. “Well, isn’t McDonald’s just going to replace some of the workers with kiosks?” That’s a good thing, because then the workers who are still there are going to make higher wages; the kiosks will perform a useful function; and that’s the kind of rising tide that actually lifts all boats. What is not good is you replace the McDonald’s worker from Middletown, Ohio, who makes $17 an hour with an immigrant who makes $15 an hour. And that is, I think, the main thrust of elite liberalism, whether people acknowledge it or not.
Or the hotels example. If you cannot hire illegal migrants to staff your hotels, then you have to go to one of the seven million prime-age American men who are out of the labor force and find some way to re-engage them. It’s amazing: To this day, I hear from Republican donors, “Oh, I’ll support you because you’re Republican, but you’re not pro-business.” Well, what do you mean I’m not pro-business? I actually really agree with the classic libertarian critique of the regulatory regime. “But we can’t run our business unless we have some of these immigrants coming over, because we can’t find people who are going to do the job.” My response is that there are people who would do those jobs if the incentives were there.