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by the_real_cher
658 days ago
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Their economic impact is to deprive opportunities from Americans just like the people walking in from Mexico. There is a strong equivalency there. More people graduated in computer science in the United States in the last few years than ever before and they can't find jobs. Doesn't it beg the question...if they're so good for the economy in America why aren't they good for the economy in their own country? |
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Jury is out on this one. Japan has hardly any immigration yet their wages stagnated. Canada has a ton of immigration and their wages are also stagnant. Europe is somewhere between Japan and Canada, with also stagnant wages. Nobody disputes wages are stagnant, but the degree to which skilled immigration suppresses wages is an area where economists are unsure or even tilting towards a 'no' answer.
> if they're so good for the economy in America why aren't they good for the economy in their own country
There are so many jobs that are available only in industrialized countries. You won't find semiconductor fabs or airplane factories in undeveloped countries.