4 ms·
Another way of saying this is that immigration inhibits wage growth.
by colpabar 4y ago
Another way of saying this is that immigration inhibits wage growth.
- shagie 4y agoI would suggest a read of The Effect of Low-Skill Immigration Restrictions on US Firms and Workers: Evidence from a Randomized Lottery - https://www.nber.org/papers/w30589 https://www.nber.org/papers/w30589 and reconsider that position.
- mahkeiro 4y agoAnother way to say that cheap hotels are a thing of the past.
- midoridensha 4y agoIn America. Elsewhere, hotels have been much cheaper for a long time. Even well before the pandemic, it was much cheaper for me to stay in hotels in Japan or western Europe than anyplace in America.
- WheelsAtLarge 4y agoYou can also say that tight immigration leads to automation. Companies will do their best to find ways to reduce costs and increase profits. So limiting immigration will not necessarily lead to wage growth. Also, the employee shortage will only get worse as the number of older american increases and number of working age employees shrinks. If it's bad now, it's only going to get worse as time passes.
- colpabar 4y ago> You can also say that tight immigration leads to automation. Companies will do their best to find ways to reduce costs and increase profits. So limiting immigration will not necessarily lead to wage growth. That's fair, but technically I didn't say it would lead to wage growth. My point is that loose immigration allows capital to keep wages at their current levels, or lower them, because it's still probably better for those immigrating here than from where (whence?) they emigrated. > Also, the employee shortage will only get worse as the number of older american increases and number of working age employees shrinks. If it's bad now, it's only going to get worse as time passes. But is immigration the only solution to this problem? I get that birth rates are low, but it seems like that's due in large part to having kids being really expensive, on top of everything else being really expensive due to inflation. I don't get why we don't incentivize americans to have more kids. I get that orban is a controversial figure, but his plan [0] seems like a good thing for a government to do for its citizens. Why does helping families have to be a right-wing policy? [0] https://www.theguardian.com/world/2020/mar/04/baby-bonuses-fit-the-nationalist-agenda-but-do-they-work https://www.theguardian.com/world/2020/mar/04/baby-bonuses-f...
- vidarh 4y agoNorway have had monthly payments to all parents until kids turned 18, very high parental leave, low caps on fees for nurseries (around 300 usd/month), and most of these have support across the political spectrum. All told, the value adds up to tens of thousands in support per child, and yet it's nowhere enough to keep fertility rates at replacement. As such I doubt Orbans policies will as well.
- dumpsterlid 4y agoImmigration only inhibits wage growth when unions and workers rights are obliterated to the point that they can't fight back against corporations and make them pay a living wage to everybody. Don't act like immigration = wage growth being inhibited, that is absurdly fatalistic about there being no alternative to the status quo.
- fundad 4y agoYeah so does a sustainable fertility rate but…
- HDThoreaun 4y agoNotice that wages of hotel maids has not increased. Their jobs have just been automated. Immigration slows automation.