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Can you support that last claim? Might have been good for the S&P, but I'm not so certain the average joe off the street has seen said benefits. I could swear I
by boppo1 4y ago
Can you support that last claim? Might have been good for the S&P, but I'm not so certain the average joe off the street has seen said benefits. I could swear I recently saw a stat that locally born men in the US have only shared in like 3% of new job growth for the last decade or something like that.
- pm90 4y agoIncome inequality is a separate (albeit related) problem from economic growth. Immigration generates more value, the fact that most of this value is captured by elites needs to be fixed with appropriate actions (higher taxation on the extremely rich etc).
- ClumsyPilot 4y ago'but I'm not so certain the average joe off the street has seen said benefits' Since 1975 productivity has grown >200%, but wages didn't. So average Joe has not seen benefits of anything really.
- MrMan 4y agolets say an innocent baby enters the world - this immigrant is not seen as much of a threat. you dont say "babys are taking things away from real Americans". just substitute "person" for "baby" and the benefits to the economy are not hard to posit. adding humans to the economy is good. the pie gets larger. more tax revenue. etc etc etc