Re:Trump administration has plan to scrap ‘startup visa’ rule
by neuronexmachina on Wednesday June 21, 2017 @07:01PM
(#14608720)
The belief that economics is a zero-sum game is sadly quite prevalent.
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Re:Trump administration has plan to scrap ‘startup visa’ rule
by Banthum on Thursday June 22, 2017 @01:35AM
(#14610293)
It's not about zero sum.
It's about supply and demand.
If you supply labor at X skill level, an influx of immigrants at X skill level (but not of Y or Z skill level) will reduce the buying power of your wages.
Taking it to real life - people tend to oppose immigration when they are at X skill level, and support it when they are at Y or Z skill level. It's raw self-interest often dressed up as altruism or principle.
You can see this understanding here whenever H1B is discussed - suddenly supply and demand becomes an obvious economic concept.