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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (49030)	3/30/2006 6:39:06 PM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 116555

Agreed, and that's my take as well. They're doing the jobs that employers want done at cheaper than the market rate.....the greater overall "employment demand", the more of them will come. If the supply of exogenous labor is ever shut down, the wages (prices) will rise. Good for labor, bad for bidnesses.......Ross Perot was right about the big sucking sound and Nafta, but the sucking sound was all the Mexicans being sucked across the border into US jobs here. (Rather than the jobs being sucked there).....<G>