Professors Gordon Hanson and Matthew Slaughter on the internal
debate among the Cheap Labor Lobby's friends in Big .EDU on whether
its best to sell legacy American proles their dispossession via the
importation of scab workers: that the law of supply and demand
depresses or increases wages: <URL:https://www.foreignaffairs.com/united-states/america-needs-more-immigration-defeat-inflation>
| Immigration policy should be part of the anti-inflation toolkit.
| Expanding the H-1B and H-2B visa programs would immediately ease
| U.S. labor shortages, which make it more costly to produce goods and
| provide services--cost increases that companies pass on to consumers
| in the form of higher prices. The exact extent to which this dynamic
| is driving the current inflationary trend is difficult to quantify,
| but there is no question that it is playing a major role and that
| addressing labor shortages would help. The U.S. government needs to
| fight inflation with everything it has. More immigration can be part
| of the solution--if policymakers let it.

Will Kevin McCarthy and Mitch McConnell deliver to the Cheap Labor
Lobby loosened spigots to the scab worker import pipelines and if
so will Donald Trump withdraw his endorsements of them based on
whether the law of supply and demand impacts affordable family
formation?

John
groenveld@acm.org
--
"there's nothing to indicate working class voters chose trump in
2016 because they wanted bog-standard socialist policies. they chose
trump for his anti-immigration, protectionist trade, opposition to
NAFTA/TPP policies, for the high wages and job security those
positions offered." - soso <URL:https://twitter.com/chernayakoshka/status/1555625106247917569>

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