News for hackers. Stuff that matters.
Re:Populism and the Economics of Globalization [pdf] by slothtrop on Wednesday June 21, 2017 @01:14PM (#14605794)
A decrease or outright stoppage of opportunistic immigration would help at lessening the gap within the country. This seems like an outright heretical thing to suggest. The GDP would suffer, but workers don't benefit the way they ought to anyway; wages aren't rising with inflation, the 0.1% keep the profits. All the while, worker supply increases just as automation is casting careers into obsolescence. We produce more than enough homegrown talent that struggles to find work - that should be priority number 1.

Japan and the other Asian Tigers will be better off with a declining population, which they're well aware of, despite the fears about supporting a large centennial population. We should be doing the same rather than gouging ourselves, racing to the bottom.

Now, this isn't an assertion I find 100% confidence in, but I'm leaning that way. I'm not sure it's realistically possible to mitigate immigration given the political will it would entail. But if I'm entirely wrong about the promised effects of immigration (as in, in the West TODAY), then I'd like to hear a good retort.

There are no comments on this comment yet.