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Oct 20 2019 05:30pm
Quote (Thor123422 @ Oct 20 2019 07:09pm)
Let's not pretend it's a Democrat versus Republican issue. Neither side is for enforcing employment laws on these companies. It's just that one side likes to pretend they are giving solutions while proposing solutions that will address no part of the problem.


One solution is restriction of immigration including legal immigration, something Democrats vehemently oppose and i say this as an immigrant.

It's pretty clear what happens when you understand the mechanics. Immigration (both legal and illegal) suppresses wages for the natives to some degree. The reason why you have so many economists in favor of immigration because the producer surplus (essentially the businesses & employers) far exceeds the losses to the employees surplus.

So quick little example, native worker surplus is 5 while producer surplus is 8 before immigration for a total surplus of 13. Now post immigration, worker surplus drops to 4 (it makes sense, higher supply of labor leads to a lower wage equilibrium if demand doesn't increase proportionally) while producer surplus goes to 12.

12+4= 16 Which gives an overall higher total surplus than pre immigration. Whats largely ignored is the native surplus. It's swept aside because we can just say 'well overall surplus is higher, therefore good' when in reality it's the business owners who are reaping the benefits. This is what has largely happened in the US. The reason the median income per household flat lined is precisely because we either off-shored labor or we import labor. Combine that with creative destruction of tech and you get the issues of today.

Corporate profits soared in the last 30 years while wages moved up at a snail pace. More people out of the labor force. More people in debt. More people living paycheck to paycheck, home ownership rates are flat after dropping by bunch, etc.

But hey, why confront the real reasons right. I mean why can't we just all get a long only bigots are against immigration!

This post was edited by ofthevoid on Oct 20 2019 05:34pm
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Oct 20 2019 05:33pm
Quote (ofthevoid @ Oct 20 2019 04:30pm)
One solution is restriction of immigration including legal immigration, something Democrats vehemently oppose and i say this as an immigrant.

It's pretty clear what happens when you understand the mechanics. Immigration (both legal and illegal) suppresses wages for the natives to some degree. The reason why you have so many economists in favor of immigration because the producer surplus (essentially the businesses & employers) far exceeds the losses to the employees surplus.

So quick little example, native worker surplus is 5 while producer surplus is 8 before immigration for a total surplus of 13. Now post immigration, worker surplus drops to 4 (it makes sense, higher supply of labor leads to a lower wage equilibrium if demand doesn't increase proportionally) while producer surplus goes to 12.

12+4= 16 Which gives an overall higher total surplus than pre immigration. Whats largely ignored is the native surplus. It's swept aside because we can just say 'well overall surplus is higher, therefore good' when in reality it's the business owners who are reaping the benefits. This is what has largely happened in the US. The reason the median income per household flat lined is precisely because we either off-shored labor or we import labor. Combine that with creative destruction of tech and you get the issues of today.

Corporate profits soared in the last 30 years while wages moved up at a snail pace. More people out of the labor force. More people in debt. More people living paycheck to paycheck, etc

But hey, why confront the real reasons right. I mean why can't we just all get a long only bigots are against immigration!



Targeting immigrants instead of the businesses and wealthy assholes who are culpable again.
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Oct 20 2019 05:37pm
Quote (inkanddagger @ Oct 20 2019 07:33pm)
Targeting immigrants instead of the businesses and wealthy assholes who are culpable again.


If wall street is for open borders then being against that is one way to target their interests no? Like i said before, there's a reason why mega corporations like Intel are so vocal about opposing cuts to immigrant work visas. I mean having to pay people higher wages here is problematic for margins.

This post was edited by ofthevoid on Oct 20 2019 05:38pm
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Oct 20 2019 05:38pm
Quote (inkanddagger @ Oct 20 2019 07:33pm)
Targeting immigrants instead of the businesses and wealthy assholes who are culpable again.




Why not do both? Target the businesses and the illegal immigrants.




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Oct 20 2019 05:42pm
Quote (ofthevoid @ Oct 20 2019 04:37pm)
If wall street is for open borders then being against that is one way to target their interests no? Like i said before, there's a reason why mega corporations like Intel are so vocal about opposing cuts to immigrant work visas. I mean having to pay people higher wages here is problematic for margins.



Neoliberal open borders are different from libertarian open borders. I could write a lengthy explanation but I figure you don’t care about learning so I won’t.
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Oct 20 2019 05:50pm
Quote (inkanddagger @ Oct 20 2019 07:42pm)
Neoliberal open borders are different from libertarian open borders. I could write a lengthy explanation but I figure you don’t care about learning so I won’t.


Whatever distinction you come up doesn't change the fact that the bourgeoisie benefit at the expense of the american proletariat here. When your opinion conforms to the mainstream opinion which is dictated by money then i think you've lost your way there buddy.
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Oct 20 2019 07:14pm














This post was edited by Ghot on Oct 20 2019 07:15pm
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Oct 20 2019 07:37pm
Quote (inkanddagger @ Oct 20 2019 04:33pm)
Targeting immigrants instead of the businesses and wealthy assholes who are culpable again.


I really don't think they will oppose their wealthy overlords at least until their own money is at stake.
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Oct 20 2019 07:40pm
Quote (GodSmiter @ Oct 20 2019 08:37pm)
I really don't think they will oppose their wealthy overlords at least until their own money is at stake.


Which is the biggest problem. Weve allowed money too large of a place in politics.

Pretty mich every race except presidential is largely a money game.
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Oct 20 2019 07:42pm
Quote (Thor123422 @ Oct 20 2019 06:40pm)
Which is the biggest problem. Weve allowed money too large of a place in politics.

Pretty mich every race except presidential is largely a money game.


The problem is they won't even own up to it. Atleast then a discussion could be more honest lol
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