Posted on 02/21/2020 7:30:30 PM PST by NobleFree
President Donald Trumps Hire American, low-immigration policy is giving American employees a larger share of company profits, so the federal government should raise the supply of foreign workers, according to a mournful editorial column in the Wall Street Journal.
Corporate profits have been declining as employers increase wages to hire scarce blue-collar workers corporate profits could soon drop to historic lows, which could reduce business investment and GDP growth, says the editorial boards complaint, titled Americas Disappearing Workers.
Maybe the only short-term fix is to increase legal immigrationunless Americans want to see their living standards decline and more jobs exported, the editorial concluded.
The nations workforce includes at least 164.6 million workers. None of those workers are disappearing, and CEOs are free to solve their labor shortages by recruiting workers from nearby companies.
However, CEOs are loath to start a bidding war for workers even though the CEOs are very eager to see workers bid against each other for jobs by offering to accept lower wages or irregular scheduling.
The proposed policy of endless migration to keep wages low is being pushed by nearly all of the Democratic candidates for president. In contrast, Trump is running TV ads boasting of rising wages amid a Blue Collar Boom:
@GOP "This is a blue-collar BOOM!"@realDonaldTrump #KAG
The WSJ editorial first admitted the good news about the supply, demand, and price of labor:
Many working-age men who dropped out of the workforce during the recession and early years of the recovery are relying on parents and government. Nearly 12% of 25- to 64-year-olds in Kentucky are not in the workforce because they claim a disability. Almost a quarter of 25- to 34-year-old men without a four-year degree live with their parentstwice as many as those with a bachelors. [
]
(Excerpt) Read more at breitbart.com ...
No, million. :-[
Well, I’m in an area that hires seasonal workers,
Locals won’t take the jobs- so ok to hire immigrants.
Locals will take any job for the right price aka the market wage.
Locals will take any job for the right price aka the market wage.
Wall Street Journal has long been a Cheap Labor Express mouthpiece.
I’m not even convinced it’s that basic.
They just have no concept of what it takes to support a family these days.
Their gut instinct is to wretch at the hint of labor costs going up.
Look, I don’t want to see it hurt the company. I just think that if the products are selling and the plant is at full capacity, perhaps it’s time to allow wages to go up a little.
You may be closer than I am, or perhaps we’re pretty much thinking the same thing overall.
I dont think thats a very big group. Anyone who pretends to believe these lies is a participant at some level.
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Unfortunately for us a lot of them are Senators wearing R jerseys.
Nah, it’s too hard a job. Farms here.
Not a fan of other immigrant jobs,
But farm work is hard and many Americans can’t/wmn’t do it.
Thugh it would be very healthy for them to.
Those people continue to live in the recently destroyed continuum. In the Globalist world where all other countries can freely subsidize and use import tariffs against US-based companies without consequence. Result; the need to drive down US labor to compete was imperative because our gov’t lacked the will to confront them on these issues.
In the Trump re-organized fair and equitable trade world this is not the case.
In the Trump economy wages for Americans rise while profits also rise. There are a number of factors involved in this. Among them is the USA’s superior work ethic which is reflected in productivity per hour of labor. We lead the world in this. That said, as our hot economy continues to expand the need for skilled labor is becoming critical. We long ago abandoned skilled trades education and emphasized College/Univerity degrees for everyone and the gov’t was the biggest proponent for this.
Thus, the rapid expansion of McUniversities and new departments in established institutions for degrees in non-productive studies where people would attain degrees in areas of study most businesses could not use.
So, the gov’t federal/state/local would create departments to employ those useless degree holders subsidized by the taxpayers.
This has resulted in a growing shortage of skilled labor in a hot and expanding US economy. So. because of our decades of stupidity and the Trump engineered hot and expanding economy we have growing shortages in the supply of people with useful skills that we will struggle to fill in the short term.
Some companies are responding by bringing in young people in to long-abandoned Apprenticeship programs. Others are screaming bloody murder for increased foreigners that never abandoned skilled trades and sciences education.
The latter are who the WSJ and dems and RINO’s are championing.
Locals will take any job for the right price aka the market wage.
Most foreigners are diploma-mill con men. And there are 3.5 million under- or unemployed American STEM graduates.
WTF is wrong with American citizens being able to get good coin for their labor?
In our imperfect world, I want near zero immigration and tariffs as far as the eye can see.
Maybe reconsider when the world more closely approaches the ideal.
That ship sailed with Ross Perot.
The only thing we got for being concerned about the deficit is Rapin Bill and Cankles.
Being "concerned" about the deficit is a fool's errand.
The only thing that gets you is the Media tongue-laving a Democrat president's male parts, and a Federal bench packed with pinwheels-for-eyes Lefty judge-presidents.
At least the GOPe doesn't mix their disloyalty to the country with the base alloy of hypocrisy.
I’m on board with your proposal.
Almost a quarter of 25- to 34-year-old men without a four-year degree live with their parents...
Sittin’ in front of the TV, smokin’ legalized dope...
:-/
No, it's because they want the best deal, even if they could afford to waste some money.
Face it, in the long run economics is a stronger force than nationalism.
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