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Perhaps it is a myth with no basis. That said, increased supply decreasing demand is usually the null case, yes? So I'd want to see evidence that additional wor
by j-bos 4y ago
Perhaps it is a myth with no basis. That said, increased supply decreasing demand is usually the null case, yes? So I'd want to see evidence that additional workers do not supress wages.
- ido 4y agoBasically what you're asking for is protectionism. How is it different than putting tariffs on Japanese cars to make american cars less uncompetitive?
- j-bos 4y agoI made no argument on any decision, only on a means to answer a specific question of measurement.
- podric 4y agoI am not purporting that the H-1B program has no effect on tech wages, just that it has a negligible effect due to its small cap relative to the number of tech jobs available. Any increase in labor supply would have some effect on the wage level in an industry.