| > Higher R&D expenditures can only be financed by more consumer spend. You are sliding into irrelevancy, having more H1bs won't benefit consumers as, as I have stated before the marginal cost is zero and the price is set to the level that maximises revenue, since it maximizes profit at the same time. If you don't understand what I mean, read a introductory book on microeconomics. > Because the immigrant pays taxes. The robot does not. Companies owning robots pay taxes, and a robot doing a physical job decreases marginal cost, which does in this case benefit the consumer. And it's amusing how left-wing activists only care about "tax" - culture, homogeneity, ethnicity, and so on, do not seem to exist in their mind. You can see the clear path toward communism. Robots are not perfect replacements for humans, so they are a different issue than immigration. And more supply of labor doesn't increase productivity, this is plainly false. Capital increases productivity. More supply of labor decreases the average wage. Just open an microecon book. |