Greenspan favours easier immigration

[LAK]

kjm,

Ah yes; regulation. One of the corporations I work for has to keep paper on and compile masses of information on "race" etc for example. This no doubt costs them money. But the points I mention in regard to the overall effect on business in America still apply. A business owner that turns a $500K profit may take "only" $400K instead. Still nothing to cry about, and it is not going to force them out.

Your point underscores why things like imports and outsourcing, immigration, regulation, domestic and foreign welfare spending, etc can not be treated as single issues.

And we are back to the same basic problem; a government made up of "two parties" that essentially, no matter what they say during their election campaigns, support the same beast that is eating us alive.

 

[kjm]

LAK, I would agree with you on your last point. Folks want it both ways and they just cannot understand why they can't have a minimum wage and maintain the same skill set that they had originally. There very well may be Americans who will do the kind of labor that the illegals are doing, but the cost of employing them is prohibitive (not the wage, the other costs associated with employing sombody). If you want to reduce illegal immigration, then do away with the minimum wage.

Freedom works both ways. You are free to get an education or skill training. You are free to pursue the highest salary that your skills will earn you. When the government steps in and sets an artificial price for labor, you then have statutory law competing against the laws of economics and as far back as anyone has kept tabs, the laws of economics are more powerful.

When tea and paper were taxed by King George III, Americans BROKE THE LAW and smuggled these items. We call those people patriots now, not criminals.

Do away with the minimum wage, and allow people to compete fairly in the job market. Those with no skills will work for a few bucks an hour while those with highly developed skills i.e.: carpenters, masons, IT guys, might do quite well.

Still- nothing scares your average American than real, raw freedom. People want the freedoms they want and want to ban the rest. One guy wants to keep an M109 Howitzer in his backyard because that is his freedom, yet he wants to place constraints on the freedom of employers to negotiate freely and fairly the wages they pay, or force everybody else to not ingest items that he doesn't like. "I want my beer, but you can't have your marijuanna"

Freedom is potent, but I'm with Greenspan from a purely economical and mathamatical point.