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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: J. P. who wrote (7927)1/6/2003 7:17:00 PM
From: DoughboyRead Replies (1) of 306849
 
Re "Dumping" of immigrants.

No doubt it is true that immigration whether legal or not has an effect on suppressing wage growth (and conversely keeping inflation down). But at some point the dumping argument can be reduced to absurdity. People giving birth are "dumping" new employees into the work place. Colleges and high schools educating people are "dumping" new, cheap educated labor into the market. What are we to do, hold the US population at a fixed point and keep everyone stupid? What is the optimum labor force in the US anyway? Isn't the best labor market the open one where wages will determine where the best workers go? I for one am very happy that the best and brightest in the world want to come to our shores and share in this prosperity. We're all better off for it.
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