Wages

05.16.13

Playing With the Labor Markets

Noah Millman with a very interesting liberal perspective on immigration and wages over at The American Conservative. Best passage:

[I]f we’re going to argue that mass immigration isn’t going to create a fiscal problem so long as we don’t allow class divisions to deepen and fester, then shouldn’t we be doing something to make sure class divisions don’t deepen and fester? Like, make sure wages, even for relatively low-skill manual labor, are high enough to allow a semblance of a middle class existence? If you believe that low IQs are partly caused by growing up poor, then isn’t a low-wage policy even more pernicious than it would otherwise appear, as it hobbles a substantial portion of the next generation as well? Wouldn’t a low-wage policy wind up making it seem like Richwine was right after all?