The first chart shows in blue the actual immigration into the USA, which has been dramatically reduced since Trump. The other charts show how that has driven labor shortages and wages up,...
The first chart shows in blue the actual immigration into the USA, which has been dramatically reduced since Trump.
The other charts show how that has driven labor shortages and wages up, especially in industries that hire more foreign born workers.
Seems good for equality, a slight negative for inflation/ dependent care costs.
I think that the tightening labor market and recent rises in consumer and gas prices are good things in the long run. It's true that America is a country of immigrants; but on the flip side,...
I think that the tightening labor market and recent rises in consumer and gas prices are good things in the long run. It's true that America is a country of immigrants; but on the flip side, America has also long relied on its immigrants to fill its endless underclass of cheap labor.
It's time that we mature toward a balanced, sustainable, and equitable labor model that doesn't assume that immigrants will continue to pack into boarding houses to work as our cooks, cleaners, washers, farmhands, and so on so we can have our cheap eats and services. Not to mention that the rest of the world is rapidly progressing. Mexico and China are now solidly middle-income countries with plenty of economic opportunities for their people. So the spigot of desperate immigrants will continue to tighten.
I've been seeing businesses posting unskilled jobs all the way up to $25/hr (in the Bay Area). I see people starting to cut back on consumption and driving — a boon for our environment. For too long we have enjoyed materially prosperous lifestyles by exploiting labor and nature. Maybe we should be like Norway and Denmark and have a fast food burger that costs $9 instead of $6.
The first chart shows in blue the actual immigration into the USA, which has been dramatically reduced since Trump.
The other charts show how that has driven labor shortages and wages up, especially in industries that hire more foreign born workers.
Seems good for equality, a slight negative for inflation/ dependent care costs.
I think that the tightening labor market and recent rises in consumer and gas prices are good things in the long run. It's true that America is a country of immigrants; but on the flip side, America has also long relied on its immigrants to fill its endless underclass of cheap labor.
It's time that we mature toward a balanced, sustainable, and equitable labor model that doesn't assume that immigrants will continue to pack into boarding houses to work as our cooks, cleaners, washers, farmhands, and so on so we can have our cheap eats and services. Not to mention that the rest of the world is rapidly progressing. Mexico and China are now solidly middle-income countries with plenty of economic opportunities for their people. So the spigot of desperate immigrants will continue to tighten.
I've been seeing businesses posting unskilled jobs all the way up to $25/hr (in the Bay Area). I see people starting to cut back on consumption and driving — a boon for our environment. For too long we have enjoyed materially prosperous lifestyles by exploiting labor and nature. Maybe we should be like Norway and Denmark and have a fast food burger that costs $9 instead of $6.