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>For instance, restricting immigration is not the smartest policy when workers are scarce. >Raising barriers to imports — inviting retaliation from trading par
by creaghpatr 9y ago
>For instance, restricting immigration is not the smartest policy when workers are scarce.
>Raising barriers to imports — inviting retaliation from trading partners — is exactly the wrong approach, especially now that the workers in cheap labor markets that put such pressure on American jobs promise to become big consumers of things made in America.
Regular NYT readers will have guessed where the article was going right from the title's code word "labor shortage".
- jrs95 9y ago>Raising barriers to imports — inviting retaliation from trading partners — is exactly the wrong approach, especially now that the workers in cheap labor markets that put such pressure on American jobs promise to become big consumers of things made in America. Stop paying people in America to make things so that people will buy stuff made by Americans...makes sense to me.