Posted on 02/21/2020 6:51:48 AM PST by PJ-Comix
Remember the arguments from liberals about how massive immigration, both legal and illegal, was good for the country? Well, a certain publication is now questioning that proposition specifically on the grounds that it appears that the curtailment of immigration during the Trump administration seems to have the effect of raising blue collar wages.
The most surprising thing about this assertion is that the source is one which you would associate with being friendly towards Trump. It was The Economist, which was so hostile toward President Trump that shortly after his inauguration, it featured a cover illustration of Trump tossing a Molotov cocktail.
Now The Economist is stating in its February 13 edition, "Immigration to America is down. Wages are up." This was followed by a question in the subtitle, "Are the two related?"
(Excerpt) Read more at newsbusters.org ...
Are these people really this Stoopid? Gee, NOT flooding the market with immigrants seems to have a positive impact on wages. And they act like this is a remarkable revelation.
Didn’t you learn about this economic principle in high school? Unbelievable.
The interesting fact is that full employment precipitated the migration from the south.
Now we have full employment that includes millions of illegals that never left
Twenty years ago, the magazine could be said to have an honest moniker. At this point they should rebrand the mag as “The Global Feudalist”.
I believe that was covered in Economics 101.
Wow. The concept of ‘supply and demand’ is sooo complicated. Like, you know?
Someone should remind Trump that he better not increase H1b Visa numbers for the vicious, greedy corporate class. That type of legal immigration decreases wages also.
Well, here’s a tougher immigration policy.
Lest we forget ...
This should be part of a Comprehensive Immigration Enforcement bill, missing since 1986 ONE TIME amnesty. The List of Comprehensive Immigration Enforcement, missing since 1987 goes like this -
1) southern barrier;
2) require eVerify to hire;
3) end all chain migration;
4) birthright per Minor v. Happersett (plural parents);
5) end work visas;
6) 10-year moratorium on all new applications for citizenship (40 years to allow workplace automation effects on downsizing population);
7) Set up an illegal aliens victim restitution fund.
Enactment of these provisions will motivate illegal aliens to SELF-deport, and remove colonizadors from our welfare rolls.
Higher minimum wage laws may also be playing a part, as gains are faster at the lower income levels.
Musta missed the class about Supply and Demand
“Are these people really this Stoopid?”
They went to the same University as AOC. Probably the same degree.
There has been NO curtailment by Trump.
Green Cards - Trump and Obama are equal - 1.1 million per year.
UN Refugees - down 60,000 under Trump.
H1B and OPT Work Visas - Up about 60,000 under Trump.
Catch and Release - Trump ahead of Obama - pending cases under Obama was 2.4 million - under Trump, 3.2 million.
Deportations - hard to tell - Obama changed the way they get counted - however, Trump appears to be counting the same way - in any event, Trump is 200,000 behind Obama.
Work Place Raids - Trump was even with Obama for a while - if Trump has raided any work places in the last six months, I have not read about it.
. . . and we didn’t even have to page him!
We have known that for years.
So have the Cheap Labor importers in the GOP like Flimsey Grahamnesty.
There should be no surprise that restricting supply of something leads to an increase in price for the thing. Want to drive up the prices of domestically produced socks? Then restrict the importation of socks (or increase the tax on imported socks).
It does not work any differently on labor.
I'm speechless...
You’d think those with an understanding of Economics would grasp basic supply and demand. But obviously that is too much to ask for from the Economist since it became nothing more than a globalist Yurp rag about 20 years ago.
You see when there are more people selling a thing - like their labor - and the demand is not significantly higher, the price will go down. Conversely, when there are fewer people selling their labor because the flood of cheap labor has been curtailed, the price of labor will go up. Here endeth the lesson in Econ 101.
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