zlacker

[return to "Americans Want to Believe Jobs Are the Solution to Poverty. They’re Not"]
◧
1. tosser+aH[view] [source] 2018-09-12 02:27:34
>>tysone+(OP)
Wage growth would help, but for some reason, these articles never even mention immigration. The scale of immigration both legal and illegal I believe has the greatest impact on the lowest sectors of society. The lack of discussion on the impact so many potential new workers is having on wage growth leads one to think they believe labor cost is the one thing immune to the law of supply and demand.
◧◩
2. acchow+KO[view] [source] 2018-09-12 04:41:49
>>tosser+aH
You're ignoring the demand side. Immigrants also increase demand. For everything.
◧◩◪
3. nitwit+fU[view] [source] 2018-09-12 06:13:17
>>acchow+KO
Imagine an extremely simplified model where all immigrants to a city are experienced taxi drivers. There's more demand for goods, but probably only a small uptick in demand for taxis. The supply of available taxi drivers has gone way up however.
◧◩◪◨
4. chkdsk+UW[view] [source] 2018-09-12 06:54:16
>>nitwit+fU
So you believe taxi drivers never need to use taxis?
◧◩◪◨⬒
5. michae+ha1[view] [source] 2018-09-12 09:54:39
>>chkdsk+UW
A taxi driver generates 8 hours per day of rides.

While taxi drivers sometimes consume rides, I can't imagine anyone thinks they consume 8 hours a day of rides?

[go to top]