4 ms·

It's in the article I linked. I didn't say it was all immigration's doing just a piece of the puzzle. Also it doesn't mean it solved the labor problem just redu

It's in the article I linked. I didn't say it was all immigration's doing just a piece of the puzzle. Also it doesn't mean it solved the labor problem just reduced the intensity, wage growth is still good, just not disastrous in inflation terms. There is no difference between a worker not existing and one not willing to work, but wages are still up and many people left the market permanently during covid (also in the linked article).

toomuchtodo 3y ago
People leaving the workforce is definitely good for wages, we agree on that, and to get higher wages labor will have to organize. I just haven't seen any data that immigration (regardless of type) is contributing in any meaningful way towards keeping wage inflation down. I didn't flag your comment btw, I thought that was a bit aggressive by whoever did that considering the comment content, but I don't have permissions to vouch.
- willcipriano 3y ago
  Labor and housing. The only places in economics where supply/demand is never a factor. Such a convenient way for the universe to arrange itself for the people in power who want immigration huh?
  - dkjaudyeqooe 3y ago
    Immigration is a reality, it always has been. There is no broad support for cutting off legal immigration, it's uncontrolled immigration that most people object to. The US has always had huge levels of immigration and probably always will.
    - willcipriano 3y ago
      High skill immigration into sectors that are highly productive is fundamentally a different animal than low skill immigration into low paying sectors. The low pay is itself a signal they don't require any more manpower. They can do little productive work with what they currently have and thus can't meaningfully reward who they employ currently, let alone someone new. These two types of immigration are intentionally conflated.
      - dkjaudyeqooe 3y ago
        Lots of jobs have low wages, in fact most jobs are not high wage jobs. That doesn't mean the manpower isn't needed it means the jobs inherently can't support a high wage relative to others. If you don't like immigration, then say so, because your arguments make no sense.
        willcipriano 3y ago
        If the wages are so low that the workers require government assistance, that business isn't productive enough to be allowed to survive in a modern economy. It doesn't produce enough (or its owners demand too much of the rewards, or its customers arent willing to pay, the "reason" is immaterial, those all basically are the same problem). The customers and shareholders aren't entitled to unlimited immigration to prop up their unproductive business model at the cost of the taxpayer. True progressives would seek to raise the living standards of the working poor over importing a slave caste to do the work leaving wages stagnant or in decline.
        dkjaudyeqooe 3y ago
        Your comment is entirely political, and that's not an interesting discussion. And that someone can have a job and qualify for government assistance is pretty bad, and worthy of detailed dissection, but it's got nothing to do with immigations, as much as you'd like it to.
- dkjaudyeqooe 3y ago
  Wage inflation is always linked to supply and demand, with so many people coming over the border and given work authorisation (and even those who don't get it) the labor supply goes up, wages moderate. I noticed the flag, it's very odd. If it shows I think it means that it's been flagged by multiple people not just one, but I could be wrong.

toomuchtodo 3y ago

People leaving the workforce is definitely good for wages, we agree on that, and to get higher wages labor will have to organize. I just haven't seen any data that immigration (regardless of type) is contributing in any meaningful way towards keeping wage inflation down. I didn't flag your comment btw, I thought that was a bit aggressive by whoever did that considering the comment content, but I don't have permissions to vouch.

willcipriano 3y ago
Labor and housing. The only places in economics where supply/demand is never a factor. Such a convenient way for the universe to arrange itself for the people in power who want immigration huh?
- dkjaudyeqooe 3y ago
  Immigration is a reality, it always has been. There is no broad support for cutting off legal immigration, it's uncontrolled immigration that most people object to. The US has always had huge levels of immigration and probably always will.
  - willcipriano 3y ago
    High skill immigration into sectors that are highly productive is fundamentally a different animal than low skill immigration into low paying sectors. The low pay is itself a signal they don't require any more manpower. They can do little productive work with what they currently have and thus can't meaningfully reward who they employ currently, let alone someone new. These two types of immigration are intentionally conflated.
    - dkjaudyeqooe 3y ago
      Lots of jobs have low wages, in fact most jobs are not high wage jobs. That doesn't mean the manpower isn't needed it means the jobs inherently can't support a high wage relative to others. If you don't like immigration, then say so, because your arguments make no sense.
      - willcipriano 3y ago
        If the wages are so low that the workers require government assistance, that business isn't productive enough to be allowed to survive in a modern economy. It doesn't produce enough (or its owners demand too much of the rewards, or its customers arent willing to pay, the "reason" is immaterial, those all basically are the same problem). The customers and shareholders aren't entitled to unlimited immigration to prop up their unproductive business model at the cost of the taxpayer. True progressives would seek to raise the living standards of the working poor over importing a slave caste to do the work leaving wages stagnant or in decline.
        dkjaudyeqooe 3y ago
        Your comment is entirely political, and that's not an interesting discussion. And that someone can have a job and qualify for government assistance is pretty bad, and worthy of detailed dissection, but it's got nothing to do with immigations, as much as you'd like it to.
dkjaudyeqooe 3y ago
Wage inflation is always linked to supply and demand, with so many people coming over the border and given work authorisation (and even those who don't get it) the labor supply goes up, wages moderate. I noticed the flag, it's very odd. If it shows I think it means that it's been flagged by multiple people not just one, but I could be wrong.