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| Re: INTERVIEW: Why Bad Jobs - or No Jobs - Happen to Good Workers (952271) | |||
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Re: INTERVIEW: Why Bad Jobs - or No Jobs - Happen to Good Workers |
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Posted by JayMan on Thu Jun 21 22:17:00 2012, in response to INTERVIEW: Why Bad Jobs - or No Jobs - Happen to Good Workers, posted by Concourse Express on Thu Jun 21 14:40:36 2012. Interesting.I will argue that all of these problems might be solved by doing one thing: shutting off the flow of immigrants. And by that, I mean legal and illegal. Take a look at this:  The top graph is the degree of income inequality in America. The bottom graph is the share of immigrants in the population. A huge problem is that presence of immigrants—both high- and low-IQ—reduces the bargaining power of workers with respect to businesses. They don't have to take steps cater to workers, as in say pay them a decent wage, because labor isn't a scare resource. I wouldn't be surprised that without immigrants, firms would actually have to train new workers for the jobs that firms need, since that is the only way companies could get new workers. But now, companies don't have to, since if they wait long enough, someone will drop into the spot at the wage the firm wants to pay. In address to points raised by Spider-Pig to me elsewhere, I'd even bet than even in a world with automation (which is a job killer), without immigrants, there would be enough jobs for everyone. Better still, there is a distinct racial disparity in unemployment. The White unemployment rate in America is actually comparable to those in the Northern European countries; unemployment is a (non-Asian) minority problem. |
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