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From what I've seen, there's an entire industry of conservative economists Like Arthur Laffer and Larry Kudlow (to name a mere two, there are entire billionaire
by hotpotamus 5y ago
From what I've seen, there's an entire industry of conservative economists Like Arthur Laffer and Larry Kudlow (to name a mere two, there are entire billionaire funded thinktanks like AEI dedicated to this) to deny the reality of the issues you mention, not unlike scientists paid to deny Climate Change or Tobacco's cancer links. And because of this, conservatives don't even believe that such issues exist.
- ryan93 5y agowhats the solution? people in poor countries will work 60-70 hrs a week for a fraction of the pay
- rayiner 5y agoThere’s also a couple of billion people in Asia who think the exact same way as the author about families and culture. I’ve never read Laffer or Kudlow. I’m interpreting society through the values of my Bangladeshi parents. And they lead me to the same conclusion. And given the remarkably higher income mobility of Asian kids raised in the bottom income compared to white kids, I think social liberals are sticking their heads in the sand by trying to hand wave away these social trends and blaming conservative think tanks.
- ksplicer 5y agoBe careful when trying to draw conclusions about cultural values of different ethnicities within western countries with high percentages of recent immigrants. Immigrants in general outperform natives in income mobility, and this tapers off in later generations. Additionally it's difficult to ignore the massive selective bias within immigrant populations. Immigrating is very difficult and that's positively reflected in basically every way you could measure the character of those populations.
- rayiner 5y agoIn America immigration isn’t difficult at all—we don’t have skill based immigration. The Asian kids being raised in the bottom 20% of the income distribution are mostly here based on chain migration.
- hotpotamus 5y agoI don't see how this relates to the question the parent comment was asking. But yes, the US does have a history with resentment of Asian immigrants, one of the first laws regarding immigration was the Chinese Exclusion Act of 1882, and you may be able to surmise from the title what that law did. I think you'll find that conservatives make very capricious allies once they believe you are "stealing their jobs".
- rayiner 5y agoThe point is that “conservative economists” didn’t invent these ideas to annoy democrats. Asian people tell their kids the same thing. My dad is a blue dog democrat. But he’s not going to ignore his own cultural values just to avoid agreeing with conservatives on something. That would be absurd. > But yes, the US does have a history with resentment of Asian immigrants, one of the first laws regarding immigration was the Chinese Exclusion Act of 1882, and you may be able to surmise from the title what that law did. I think you'll find that conservatives make very capricious allies once they believe you are "stealing their jobs". Who cares about any of that? At the end of the day, Reagan’s America and Newt Gingrich’s America has been extremely good to Asians.
- hotpotamus 5y agoWhat ideas are we talking about again? The idea that growth in productivity de-coupled from real wage growth in the 1970's? https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/ So Asians teach their children that this is not a real effect? And are Chinese Asians? Because I've heard about this whole "lay flat" movement in response to 996 culture that seems awfully familiar. And Japan seems to have a similar movement with the Hikikomori that in fact predates the American version.
- rayiner 5y agoWe’re talking about the fact that people in Asia who are a lot poorer than lower middle class Americans manage to have much better social indicators of family stability and crime. And when those people come to America, even the poor kids have much better income mobility than their white American counterparts. So blaming social dysfunction on wages not keeping up with productivity growth is a bunch of baloney.