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re: Yellen: Slowing immigration would slow
Posted on 2/14/17 at 11:29 am to KeyserSoze999
Posted on 2/14/17 at 11:29 am to KeyserSoze999
America is full of job snobs.
0
Posted on 2/14/17 at 11:32 am to KeyserSoze999
quote:
Anyone believe that or have a reason behind that logic?
She's apparently not including the costs of immigration in terms of social services.
But that's to be expected from the person that is in charge of the money printing press. Costs are no obstacle.
Posted on 2/14/17 at 11:33 am to KeyserSoze999
I love how people on the left try to use the argument that we would be losing cheap labor which will drive prices up and ignore what would happen if we raised the monument wage.
It's just another hypocritical side to the left, we want higher wages for everyone, except illegals. We need to keep their wages low for the economy.
It's just another hypocritical side to the left, we want higher wages for everyone, except illegals. We need to keep their wages low for the economy.
Posted on 2/14/17 at 11:34 am to 90proofprofessional
quote:
But in the meantime, can you not think of a way that reducing the rate of immigration (especially the legal kind)
FWIW, the majorly is perfectly okay with legal immigration, even Trumpkins.
Posted on 2/14/17 at 11:35 am to KeyserSoze999
We need to stop all immigration
Posted on 2/14/17 at 11:36 am to noonan
quote:
I love how people on the left try to use the argument that we would be losing cheap labor which will drive prices up and ignore what would happen if we raised the monument wage.
It's just another hypocritical side to the left, we want higher wages for everyone, except illegals. We need to keep their wages low for the economy.
But there are those of us on the right who that both immigration is good for the economy AND increasing the minimum wage is near meaningless gesture.
Posted on 2/14/17 at 11:37 am to funnystuff
quote:
A huge number of tech workers are hear on H1B visas as a pathway to full citizenship. Slowing immigration of those population pools would unquestionably slow growth given the importance of the tech sector.
This is essentially the argument set forth by Washington state in the lawsuit filed to stop Trump's 7-nation travel ban.
But haven't we been told time and again that states have no standing in immigration issues, and if immigration is hurting (or helping) your state... TOUGH shite?
That's the judicial pivot I do not understand, somehow it matters now for Washington state.
Posted on 2/14/17 at 11:40 am to BigJim
quote:
But there are those of us on the right who that both immigration is good for the economy AND increasing the minimum wage is near meaningless gesture.
Absolutely.
I actually read the quote wrong. I though it was about illegal immigration. So my post isn't all that relevant to the topic.
Posted on 2/14/17 at 11:44 am to GumboPot
quote:
FWIW, the majorly is perfectly okay with legal immigration, even Trumpkins.
Ok, but it sounds like the issue in question is the rate of immigration, which could be too high or too low. OP seems to be suggesting it is too high, and seems to question that there would be any cost to growth imposed by reducing it.
Posted on 2/14/17 at 11:48 am to 90proofprofessional
quote:
But in the meantime, can you not think of a way that reducing the rate of immigration (especially the legal kind) could slow the growth of our national output?
Simple. Entitlement reform. Hunger is a powerful motivator.
Posted on 2/14/17 at 12:11 pm to KeyserSoze999
No. Not at all. We have a lot of inactive people here, need a larger percentage participating in the economy until we start bringing more people in here.
Posted on 2/14/17 at 12:11 pm to Ace Midnight
quote:
Saying there are good results from a bad thing is like saying, "Well, a rising murder rate means fewer mouths to feed."
Meaningless rhetoric.
Chicago says not so fast Ace
Posted on 2/14/17 at 12:14 pm to noonan
quote:
's just another hypocritical side to the left, we want higher wages for everyone, except illegals. We need to keep their wages low for the economy.
The left was anti illegal immigration a couple decades,ago because they feared business would take advantage of cheap labor. My how times change.
Posted on 2/14/17 at 12:14 pm to KeyserSoze999
quote:
Anyone believe that or have a reason behind that logic?
Yes. But it's not actually a relevant point.
Put it in smaller terms.
Say you have a nation of 10 people that produces 100 things.
Then, 5 people move in, each producing 5 things.
Your economy grew from 100 to 125.
But, as I'm sure you can figure out, that's not the entire question.
Posted on 2/14/17 at 12:25 pm to KeyserSoze999
She's right, it would slow economic growth.
However, the truth is that our addiction to growth as the be-all and end-all of our economy will lead to our destruction as a functional, free nation.
Growth through population increase is just one of the net-negatives that is undermining our prosperity. Other examples are wage arbitrage, planned obsolescence, and wasteful corporate and government spending.
We should have been focusing on sustainability, not growth. Too late now, I guess.
However, the truth is that our addiction to growth as the be-all and end-all of our economy will lead to our destruction as a functional, free nation.
Growth through population increase is just one of the net-negatives that is undermining our prosperity. Other examples are wage arbitrage, planned obsolescence, and wasteful corporate and government spending.
We should have been focusing on sustainability, not growth. Too late now, I guess.
Posted on 2/14/17 at 12:59 pm to KeyserSoze999
Illegals are a net drain on the economy with what they dump across the border with remittances and the social services they use without paying for in taxes
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