IcebergSlim
Diamond Member
- Oct 11, 2013
- 10,886
- 9,142
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- Banned
- #161
There is a reason why Trump-lovers advise him to NOT speak to that sneaky media that seem to manage to corner the Donald in his constant lies and half truths about his policies.
This morning's news conference will undoubtedly offer us various sound bites from Trump which he will later have to walk back and, of course, accuse the media outlets of misinterpreting what he meant (like Trump's mocking of that reporter's disability.)
I've always believed that, ultimately, the very best way to show the world what a clown Trump really is, boils down to have him talk directly in front of a camera, having to address questions, without the background love fest of his mindless acolytes.
Have some popcorn ready folks.....
Deporting illegals and restricting immigration will reduce supply of labor leading to higher cost, ie wages.
What part of that do you disagree with or dislike?
It won't lead to higher wages.......and there are currently 5 million job openings.....no Mexican is depriving you of opportunity....you're just shiftless.
I see that you disagreed. But you did not explain why you think the law of supply and demand does not apply to labor.
Your attempt to make this about me personally is noted and rejected. Fuck you.
My point stands.
Deporting illegals and restricting immigration will reduce supply of labor leading to higher cost, ie wages.
Because labor markets are full of what economists refer to as "friction".....there are some jobs (specifically farm work, and the minimum wage back end jobs of the retail and service industries) that employers have discovered are "beneath" most Americans, at least at prevailing wages. Studies show that it is this labor pool that many migrants supply. The benefits to you are cheap groceries, restaurants, lawn service and sheet rocking.
The messages of 5 million current job openings suggest two things
a) that labor markets are relatively strong
b) that to the extent that people with skill remain unemployed, it is a result of "structural" unemployment, where either skills or local demand are the issues.
The idea that EVERY good behaves the same way is a conceit normally dispensed with by the third week of undergraduate micro.......
So, create the environment to raise the prevailing wage. THAT'S THE POINT.
And raising the demand for the skilled labor? THAT'S THE POINT too, especially of the Trade POlicy.
You were probably in a Drudge Binge induced coma when this news came out...
Earlier this week, the Census Bureau reported that the real median household income increased 5.2 percent, from $53,718 in 2014 to $56,516 in 2015. That’s the first annual increase since 2007, and the biggest increase since the ’60s, when the government started tracking household incomes.
2015 Was the Best Year on Record for Middle-Class Income Growth
And raising the demand for the skilled labor? THAT'S THE POINT too, especially of the Trade POlicy.
The problem here is that some "skilled labor" has become obsolete.....no policy is likely to change that. Another is that for those skills about which nabobs generally prattle, like IT, or engineering, large employers would prefer that the government accommodate their importation of less expensive foreigners....