Precarity is a wonderful tool for the 1%
1. Get an underpaid underground economy from migrant labor. It suppresses all wages as a consequence.
2. Ensures prospective new citizens never gain a foothold & put down roots.
3. "Have not, have yacht" economic policy bolsters white supremacy
This is the perfect way to create the conditions of immiseration to kneecap democracy
https://monthlyreview.org/articles/harder-times-undocumented-workers-and-the-u-s-informal-economy/