The only way to understand why employment is dead in the water is to stand in the shoes of a potential employer or entrepreneur. Remarkably, this perspective is unknown to economists and progressive politicians because they have never been an employer (and no, hiring a grad student to grade papers or an illegal nanny to watch your kids does not make you an employer.)
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3 comments:
Yes it’s interesting how the jobs in the U.S. are scarce but yet they have in upwards of 30 million illegal immigrants according to media reports I’ve heard. The U.S. still allows massive immigration on a legal basis despite the ravaged economy. Here at home I recently read an article on CBC that said the province of Prince Edward Island will be in desperate need of workers therefore calling for more immigration to the island. This is almost the same fallacy just mentioned in the U.S. P.E.I. has an 11% unemployment rate???? So unless there’s an imaginary “job boom” or a special plan by the illuminati and new world order I don’t know what to conclude????
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1) That 30 million number is garbage. 2) Immigration reduces unemployment. To believe otherwise is to be economically illiterate.
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