Re:US economy returned to growth last quarter, expanding 2.6%
by vibrio on Thursday October 27, 2022 @01:43PM
(#33361199)
Labor tightness seems to be one of the drivers of the broader inflation. Additional labor may help keep that inflation under control without having to nuke the economy.
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Re:US economy returned to growth last quarter, expanding 2.6%
by AuryGlenz on Thursday October 27, 2022 @10:52PM
(#33367027)
Right, and at the same time we've seen wages go up appreciably for the low end of the labor market for the first time in a long time.
I'm not saying there wouldn't be other issues with clamping down on immigration, but if you're trying to tackle the supply and demand issue it's the easiest way to handle it.