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by learc83
3854 days ago
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> Overall, the market might not be as flexible as the labor supply, so we might a reduction in wages over the mid term. If you allow unlimited immigration, you will be flooded with millions of programmers. There will be a tremendous reduction in wages. >My wages will go up as I will have a larger team to manage. Why do you think you'll still have a job, surely in the millions of people who are clamoring to come to your country there will be many who are willing to do your job much cheaper. Managers aren't immune to competition. >I think western workers are overpaid and third world workers are underpaid, so it seems fair to see a natural adjustment here. Do you think you are overpaid, or just the people working below you? |
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Yes I am overpaid on a global scale. Underpaid on a local scale heh. Now what we need is millions of people here earning less than me.. That should put prices down...