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Re:Tech workers at UCSF face layoff, training their low paid... by davidw on Friday November 04, 2016 @12:45AM (#12870437)
> So you're saying deepening the labor pool doesn't push wages down?

Do you know what the current population of the US is compared to 100 years ago? And yet, we're much better off now.

Economics is not a zero sum game.

https://en.wikipedia.org/wiki/Lump_of_labour_fallacy

Here are a few companies founded by immigrants or their children:

http://www.forbes.com/sites/stuartanderson/2011/06/19/40-per...

Re:Tech workers at UCSF face layoff, training their low paid... by markonthewall on Friday November 04, 2016 @12:53AM (#12870470)
You link a Wikipedia article about a highly contentious issue among economists and expect to be taken seriously?

It is almost universally the case that when someone says "economists think X" they actually refer to a group of academics belonging to a specific school of thought which defends that particular position. Not that scholarly consensus does not matter, just a reminder that in certain fields those questions become so highly ideological that you simply cannot treat them as a math question on which you can definitely rule one thesis or another.

Re:Tech workers at UCSF face layoff, training their low paid... by davidw on Friday November 04, 2016 @12:58AM (#12870485)
Actually there are plenty of things - like rent control - that aren't much debated among economists. Economists almost universally reject the lump of labor fallacy.
Re:Tech workers at UCSF face layoff, training their low paid... by commentzorro on Friday November 04, 2016 @07:36AM (#12871767)
In the overall economy it's considered a fallacy, but in the small or subset of the economy (like highly skilled IT people) there is not that consensus. Empirical evidence bears this out too.
Re:Tech workers at UCSF face layoff, training their low paid... by toomuchtodo on Friday November 04, 2016 @12:54AM (#12870471)
You're putting the economic aggregate above the people left behind. If we had a solid safety net, it wouldn't be a problem, but there's a reason poverty and drug abuse leading to death is an epidemic across the US.

Opinions like this is what caused Brexit to occur, and what will probably get Donald Trump elected.

Re:Tech workers at UCSF face layoff, training their low paid... by davidw on Friday November 04, 2016 @01:01AM (#12870496)
> economic aggregate above the people left behind.

Since it's a positive sum game, you could share the gains with the few people who lose out from immigration or trade, or automation (which is probably more important than the others) and still have some left over.

Or yeah, you could get all protectionist and watch the economy whither.

Re:Tech workers at UCSF face layoff, training their low paid... by toomuchtodo on Friday November 04, 2016 @01:03AM (#12870506)
The US economy isn't going to suddenly whither if we stopped the import of immigrant labor, whether that be migrant farm hands or H1B visa holders.

And if it does whither, that's a choice the US citizenry might be satisfied with.

Re:Tech workers at UCSF face layoff, training their low paid... by davidw on Friday November 04, 2016 @01:05AM (#12870514)
> The US economy isn't going to suddenly whither

Right, it'd take a while.

Re:Tech workers at UCSF face layoff, training their low paid... by greglindahl on Friday November 04, 2016 @01:18AM (#12870550)
You have no idea how much of the value currently created by immigrants creating businesses would be lost. And if the answer is a big minus for the US, don't you think it's important that we talk about it? And not the "lump of labor" fallacy?
Re:Tech workers at UCSF face layoff, training their low paid... by throwaway274739 on Friday November 04, 2016 @01:39AM (#12870607)
Fact check: Drumpf's not winning [1].

[1] http://elections.huffingtonpost.com/2016/forecast/president

Re:Tech workers at UCSF face layoff, training their low paid... by polotics on Friday November 04, 2016 @03:07AM (#12870842)
Let's hope you're right. I could use your crystal ball sometimes.
Re:Tech workers at UCSF face layoff, training their low paid... by markonthewall on Friday November 04, 2016 @08:29AM (#12872013)
>Drumpf

Are you 12?