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The problem is, it's not a numbers game: quality matters a lot. Importing massive amounts of unskilled labor only depresses wages and, combined with NIMBY, cre
by 908B64B197 5y ago
The problem is, it's not a numbers game: quality matters a lot.
Importing massive amounts of unskilled labor only depresses wages and, combined with NIMBY, creates a massive housing bubble thanks to artificial shortages.
In Australia's case, it also suffers from a disproportionate brain drain of highly educated professionals since local firms simply won't compete for talent.
- arcticbull 5y agoWhen you're discussing merging nations, it is in fact a numbers game.
- sangnoir 5y agoI hope you're not suggesting that Australia is getting low-quality immigrants. Unlike the US, Australia has a points-based immigration system where you have to meet specific, standardized criteria, which IMO is more objective than the US process. I don't know what guidance State Department staffers follow when determining who gets a visa, but the process is more opaque, and I suspect more subjective. edit: I think the "quality" argument is overrated. Not all immigrants do ground-breaking research or start billion-dollar companies. When it comes to economic activity, quantity has a quality of its own (apologies to J. Stalin). A city/state/country with the economic activity of an extra 20% population of mediocre, healthy, tax-paying, car-buying, mortgage-paying, burger-eating blue and white-collar immigrants is better off than one without.
- 908B64B197 5y ago> I don't know what guidance State Department staffers follow when determining who gets a visa, but the process is more opaque, and I suspect more subjective. Except for categories where there's an extremely high burden of proof for extraordinary abilities, it's simply someone's ability to get a job no American is qualified to take (and be so in demand that it commands a salary in the top percentiles for the profession). So the market takes care of the selection.
- arcticbull 5y ago> ... it's simply someone's ability to get a job no American is qualified to take. Not exactly, its someone's ability to get a job that their employer cannot find a more qualified candidate after advertising the job in the local newspaper for 6 months including at least two separate Sundays.
- 908B64B197 5y agoThere's more to it than that.