3 ms·
> Except if those are not available, or do not want to work for this salary, e.g. because fringe benefits of the position (getting into US, visa being handled b
by sfifs 10y ago
> Except if those are not available, or do not want to work for this salary, e.g. because fringe benefits of the position (getting into US, visa being handled by somebody else, etc.) do not apply to them. Or just because they are used to much higher standards of living and demand salary that pays for well located apartment in SF, new Tesla car, etc. while some other people would be OK living with roommates and using public transportation.
In such a case, the point of view of your democratically elected representatives & president seems to be that either you should pay more or you should relocate your business to another country where you'll find people working for lower salary.
Your choices therefore are - become politically active & work to change the new policy, figure out ways to game the new policy (which is what led to the mess in the first place) or rethink your business model.
> That is an import tariff. Tariffs are measures that harm consumers and destroy value, ask any economist.
Unfortunately, the social harm that results from ordinary people losing their livelihood or hope of bettering their lives (as opposed to go-getting business-owners) tends to not enter the calculations of academic economists. Politicians of course have always instinctively understood this (Idle hands are a devil's workshop - to give you an idea of how old this is) and that's why they ignore the advice of economists & impose import tariffs in the real world.