Now, everyone who is not a liberal put on your surprised face...
...because we all knew that good intentions don't change the law of supply and demand.
MICKEY KAUS: Immigration Wages: Study That Said Mariel Boatlift Didn’t Cause Reduced Wages In South Florida Turns Out To Be Wrong. “In both academic and political terms, this is a BFD. It looks like the law of supply and demand works. More immigrant workers translates into lower wages. The most conspicuous, unassailable finding to the contrary has apparently just been demolished. A major prop in the arguments for greater low-skilled immigration (including arguments for amnesty) –‘What about Mariel?’ — would seem to have disappeared, though the other side has yet to be heard from. (And they will be heard from.) Borjas’ study only just went public.”//
Showing posts with label More Unexpected Economic News. Show all posts
Showing posts with label More Unexpected Economic News. Show all posts
Monday, September 21, 2015
Labels:
More Unexpected Economic News
Wednesday, January 30, 2013
Why is it always a "surprise" for these people?
Do you think they are incompetent or ignorant or something?
GDP Shows Surprise Drop for US in Fourth Quarter
Do you think they are incompetent or ignorant or something?
GDP Shows Surprise Drop for US in Fourth Quarter
Labels:
More Unexpected Economic News
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