Comment by mrwh
5 hours ago
Yes and no. Why is the prevailing wage what it is, and how does bringing more supply in affect the prevailing wage? There are secondary effects.
5 hours ago
Yes and no. Why is the prevailing wage what it is, and how does bringing more supply in affect the prevailing wage? There are secondary effects.
> There are secondary effects.
There are also tertiary effects in that bringing in young working families into the US is overwhelmingly good for the economy.
If bringing in workers shrinks an economy, then how does one go from a country of 40 million to 400 million without 360 million people being unemployed? Because wage earners actually contribute more to the economy than they crowd out.
No one in their right mind would argue that having kids is going to put downward pressure on the job market, and yet we have the idea that grown, educated adults will. (Not to mention these grown, educated adults cost us nothing in taxes in education or retirement, so overwhelmingly less of a burden on our economy)