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by moistgorilla
3752 days ago
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This is not true. Unchecked immigration is always a negative for native workers. It can be accurately described as wealth redistribution from workers to the companies that employee them. They cause $515 billion in losses for native workers and $565 billion gains for native businesses. Look at the chart on page 9 https://www.judiciary.senate.gov/imo/media/doc/03-16-16%20Bo... |
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Only 9% of economists disagree with the statement: "The average US citizen would be better off if a larger number of low-skilled foreign workers were legally allowed to enter the US each year."
http://www.igmchicago.org/igm-economic-experts-panel/poll-re...
0% of economists disagree with the statement: "The average US citizen would be better off if a larger number of highly educated foreign workers were legally allowed to immigrate to the US each year."
http://www.igmchicago.org/igm-economic-experts-panel/poll-re...
EDIT, since we're at the reply limit: Borjas is kind of heterodox, and without the chance now to do a better review of his literature I'm inclined to sided with the fairly overwhelming consensus. Picking two graphs that look similar isn't really a convincing argument, and 'redistribution' implies that this is a zero-sum change.
My position generally is that H-1B's (and whatever *-1B you suggest) would generally be good for the economy, though suffer from implementation issues and unnecessary restrictions.