Gracious opening line. BTW, ad hominum attacks ususally mean lack of argument and nothing of interest to follow. But I will see. Hmmmm.....What have we here....
I read Wealth of Nations twice.
But did you understand it? The concept of supply and demand vs prices is the key argument Adams raises. You missed that? Did you read W-O-N in college while drinking heavily?
Illegals do not depress wages....Wages are neither depressed nor inflated. They just are what the market says they should be. In order for somthing to be depressed it has to have some arbitrary zero from which its depressed.
This is nonsense. If the supply of labor increases, the price of labor (wages) declines (assuming constant demand).
Who put you in charge of what is right and fair? I got a clue for you too....Whatever you pay for somthing is exactley what it is worth at that moment in time. If you bought MSFT at 10 bucks was its price depressed when you bought it? If you bought MSFT at 50 bucks was its price inflated? Of course not...it was worth exactley what you paid for it. Figure it out...Let me know when you hire a union laborer for 40 bucks an hour to dig up your bushes at your home. Until then you live in denial, hypocrisy or both.
There you go again. Bascic Economics isn't about what is fair and right, it is a law of socio-economic nature, like physics. You seem to sort of get it, but not entirely. I recommend further study.
Your arguement is like blaming the candy store for your toothache...that may make sense to you...but its ridiculous top me.
Er, whatever.
Did you read W-O-N in college while drinking heavily?
I never graduated high-school;dropped out in my senior year. I was busy employing juniors and seniors when I was only a sophomore and eventually got kicked out for telling the principal to 'drop dead'...besides I was making awesome money and eventually built my company into a powerhouse construction firm...then sold it...to pursue computer programming and financial market stuff about three years ago...I am 43
I educated myself by reading books; tons of books. I have studied lots of math and physics, politics, economics, business, computers programming....stuff like that...
I wish I had gone on and graduated and then gone on to college...I know that now...I blew it...oh well I have a problem with authority...