Comment

Comment by joshe

That's the section where they acknowledge that, yes, people lose jobs to immigrants. They go on to say that actually more people gain jobs at higher wages because of immigrants.

There's a section on high tech jobs to read too, take a look.

Most people believe that immigrants generally lower wages and take jobs. They almost never do. Economists who have done hundreds of studies on different wage markets have found that immigrants create more jobs and raise wages in most cases.

Also in the paper? "... how does immigration affect the average American?...annual economic gains to the native-born population to be between 0.1 and 0.3 percent of gross domestic product". This is an astonishingly large benefit. Some estimate that switching completely to self driving cars would add .2% to gdp a year. It's that big a gain. Almost no other policy we can think of has this great an effect. Our current gdp growth is at 2%.

It's not unusual to be wrong about this, there aren't more than 5 people at any major newspaper who understand that immigrants create jobs. 95% of news stories you have ever read get this wrong.

Add to that the media always going for max outrage, and you get stories about workers being replaced. Never stories about the workers that immigrants added.

Btw, H1-B workers are not magic, an American worker is creating complementary jobs too. This is why cities have such high wages, the high density of complementary labor.

And hey, when have you ever known software to not create the need for more software :0)

parent joshe 7 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton