Friday’s Des Moines Register published this editorial by Clarence Page where he claims that immigration is only sort of good for the American economy, but controls need to be put on it in order to protect our low-wage jobs.
I never thought I’d hear someone say wages need to be kept low, but there are surprises around every corner.
These low wage jobs are disappearing, but being replaced with higher wage jobs. According to the Bureau of Labor Statistics, more positions will be added to the top quartile of wage earners than all other quartiles combined over the next seven years.
This is happening because our economy is, on the whole, still free and nimble. Entrepreneurs and inventors create new ideas and constantly allow participants to do more with less. Every person adds to that capacity in ways we don’t always see or understand. Page wants our immigration to be “controlled and orderly;” hardly words that fit in with a dynamic, successful economy.
Tuesday, May 24, 2005
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