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That is the central debate isnt it? The market fix is to increase wages until "shortages" disappear. The disingenuous fix is to claim there is a "shortage" an
by finance-geek 11y ago
That is the central debate isnt it? The market fix is to increase wages until "shortages" disappear. The disingenuous fix is to claim there is a "shortage" and import workers to broaden the supply. That is great for hard-working foreign workers, but sucks for the domestic graduate pool that has a higher standard of living -- most Americans simply will not raise a family in a shared 2br apartment -- while that is common for immigrants. So they will instead seek better pay in other industries.
This is all fine, but it is disingenuous to claim shortages when the real problem is a refusal to pay market wages.