What would the economy be like if no nation allowed cheap labor?

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Current Events » What would the economy be like if no nation allowed cheap labor?
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Starfield is a 7/10. Get over it.
Far more automated.
I fought the Trumble and the Trumble won.
Define "cheap".

Considering just within the US alone, someone making $75k a year can live like a king in some areas, and be considered poor in others.
It takes zero effort to be a good person.
It would be just like it is now except everyone would be blinged out
R1R1R1R1R1R1
Current Events » What would the economy be like if no nation allowed cheap labor?