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Politics : Formerly About Advanced Micro Devices
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To: Wharf Rat who wrote (1429608)12/20/2023 3:41:17 PM
From: Tenchusatsu1 Recommendation

Recommended By
longz

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Wharfie,
have left us with a 3.7% unemployment rate.
I'm all in favor of increased LEGAL immigration to make up for shortfalls in labor.

However, the unemployment rate these days is low because too many people have left the workforce.

It's a combination of baby boomers who are retiring as well as working age people who have left the job market in pursuit of other interests.

In other words, the low unemployment rate, and the resulting inflation (which admittedly is going down, but not for long) is mainly due to demographics.

The solution, as I have mentioned many times before, is expanded LEGAL immigration.

Unfortunately, people like me who favor expanded legal immigration while opposing illegal immigration are in the minority, and we're often lumped into the same MAGA crowd as the white nationalists.

Tenchusatsu
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