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Old 07-25-2019, 11:42 PM
slash2k is offline
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Join Date: Feb 2014
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Quote:
Originally Posted by Scylla View Post
I may be wrong, but I think he is fine with legal immigration.
You would be wrong. Trump has endorsed measures that would have cut legal immigration by 40 to 50 percent or more (such as Tom Cotton's RAISE Act).

Quote:
Originally Posted by Scylla View Post
This may surprise you, but not all jobs can or should provide a living wage.
So what do you expect to happen to the people filling those jobs?

Quote:
Originally Posted by Scylla View Post
What do you mean make plans for? This whole market economy thing works because people respond to incentives. They are capable of determining their market value, making plans and decisions for themselves as individuals better than we are.
What if there aren't incentives, though, to which people can respond?

Some economists see a future in which the number of actual jobs in the U.S. declines, even as the population continues to increase. If 150 million people are chasing 125 million jobs, for example, the incentives and wage structures are going to be grossly distorted.

Even today, we see an increasing bifurcation between highly-skilled and highly-paid workers, on the one hand, and the great mass of workers on the other. This latter group has generally seen their wages stagnating or only very slowly increasing, even as the smaller group surges ahead. Moreover, there's not a lot of mobility between the groups. People who spent the early part of their career in a coal mine tend not to have many opportunities to become digital architects or marketing experts, even if they want to learn something new.

Quote:
Originally Posted by Scylla View Post
Why not. Labor is a service like any other good or service. What is the nature of your objection to suggest that it is invalid?
Labor isn't a single item. A roofer and a nurse are not interchangeable, for example, even though they are both "labor," and even with training may not be capable of doing the other's job. Treating all workers as fungible is overly simplistic to the point of invalidity.