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Why shouldn't a nation protect its citizens' wages?
by bluthru 9y ago
Why shouldn't a nation protect its citizens' wages?
- baddox 9y agoBecause it's bad for consumers, innovation, and the overall economy.
- bluthru 9y ago"The overall economy" isn't as important as wages and purchasing power for individuals. Immigration can lead to less competition and therefore innovation. Instead of people from other countries creating services that compete, they get absorbed by multinationals.
- baddox 9y agoI don't see how higher wages for engineers will lead to more innovation. Can you explain that?