| So here is what I don't understand about the supply demand argument in the context of workers. When Disney hired their IT division it was clearly because their was a need and benefit from having them. If paying the wages of that division was prohibitively expensive wouldn't they have gone out of business before they had the opportunity to outsource? So clearly on that front I think we can assume that a company similar to disney would outsource simply for profit. Now another argument in favor of immigration is that it brings down the costs of good for everybody. Chicken will be cheaper of course when you have people working for 5 dollars an hour to produce it. Well the reality is that only 5 to 6% of the cost of producing chicken comes from wages. I'm sure if we looked at the software industry we would have the same finding. Now what is the cost of targeting a specific field for immigration? For native workers the loss in wages is half a trillion dollars. The immigrants create a 50 billion dollar surplus. Almost all of the increase in GDP from immigrants comes from their wages at 2,053.8 billion out of the 2,104.0 billion total increase in GDP from immigrants. So American citizens see a 50 billion dollar net increase in GDP (that is relevant to them) from increased immigration. (page 9 in the link below) So we are taking half a trillion dollars from targeted workers for a 50 billion dollar increase to the overall population. The 50 billion dollar surplus seems like a lot thinking as a normal person but 50 billion is nothing when talking about GDP. So from what I see, the only purpose targeted immigration at a specific field serves is to divert money from workers to employers In the same chart on page 9 it shows that the surplus is received by the native businesses that benefit from the cheaper workers. also consider this, do we want to create an america where we have a clear divide between workers and owners because we constantly artificially inflate the supply of workers using immigration? also I think it's a little hypocritical that we aren't bringing in other white collar workers, we should have A-1B for attorneys and B-1Bs for bankers, I'm sure people in other countries will clamor to learn american law and finance for a chance to come here https://www.judiciary.senate.gov/imo/media/doc/03-16-16%20Bo... |