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Simple arithmetic says yes, there would be more competition for jobs. But you're talking about a dramatic change in US public policy. A first-order approximati
by glimcat 15y ago
Simple arithmetic says yes, there would be more competition for jobs.
But you're talking about a dramatic change in US public policy. A first-order approximation is not sufficient, and higher-order approximations depend heavily on what guesses you want to make about the social outcomes.
- ars 15y ago> Simple arithmetic says yes, there would be more competition for jobs. But there would also be more demand since those same people would also be buying things.