@timstarr2001 @PhilWMagness Now you are stepping outside the trade discussion. Good dialog nonetheless. Have a good Superbowl end of the week.😀

@timstarr2001 @PhilWMagness They are two sides of the same coin. Even after the disastrous impact on our industrial base and people they still think NAFTA and having China join WTO were excellent pieces of policy, predicated on "global welfare" enhancement. Millions out of poverty in China! Global Success!

@timstarr2001 @PhilWMagness Tell that to the open borders libertarians at CATO.

@michaelbd Michael is correct. Economists, mostly of libertarian leaning, devote themselves to maximize some chimerical "global welfare function", conveniently forgetting geopolitics and their commitment to their countrymen. Free riders, really.

@jmhorp No. It is in no small part because immigration lowers wages. There is such thing as reserve wages, resulting in plenty natives dropping off the labor force, landing in homelessness, etc due to the [immigrant induced] wage decline. So yes, plenty domestic workers get displaced.

@jmhorp @RealEJAntoni It is not the entire explanation, for there are wealth effects, demographics, poorer health outcomes, etc impacting the decision to work, but denying the immigration impact on natives employment is poor economics.

@David_J_Bier And yes, there is such thing as reserve wages, resulting in plenty natives dropping off the labor force, landing in homelessness, drug addiction, suicide, deaths of despair, etc due to the [immigrant induced] wage decline. So yes, plenty domestic workers get displaced. 3/2

@David_J_Bier Output, income (including that of immigrants) and spending increase along a downward sloping Aggregate Demand curve. 2/2

@David_J_Bier They do not "create their employment", they land at firms. Labor earns the value of marginal productivity. Given a firm's fixed stock of capital at impact, the marginal additional unit or labor lowers the VMP. So the outcome is lower wages. You missed that part. 1/2

@GregDaco If reduced immigration causes wage inflation, how come increasing it doesn't reduce them? Plenty economists use a Phillips curve to argue the former, but shift to "complementarity" to argue the latter. Pure Gaslighting. Of course immigration reduces wages, see J. Bruselas today.

@YahooFinance @joebrusuelas Definitely not Americans First guys.

@YahooFinance @joebrusuelas Love to see Joe Bruselas clearly articulating that immigration lowers wages and be happy about it. "Disinflation via the wage channel...I like what I see". Then they turn around and argue immigration is good for you. The interviewers totally non-chalant about it.

@DaveAtherton20 @davidvolodzko The notion that you can have a multicultural, multiethnic, multilingual, multireligious and multinational society without an authoritarian government to address all the quarrels defies belief. Speech, religious expression and even ID signs become state matter. Fully predictable.

@MarkSKrikorian Mark, are your aware of any of the pro-immigration, open borders, "high skill" or H1 B supporters DC think tanks, say CATO, etc receive ANY USAID money?

@MarkSKrikorian Multiple countries with population decline did and continue to produce increases in living standards measured by GDP per capita among other metrics. Population decline is not a major concern. The connection between population growth and "ideas creation" is iffy at best.

@AlexNowrasteh He anticipated CBO by 60 years. And has a better grasp of economic than you'll ever have:

@SohrabAhmari @rojasrjuand LOL. Juancito has a heart for immigrants, hoping to tame the "anti-immigration fervor of the GOP base". America needs no (legal or illegal, high skill or low skill) immigration to grow, like in 1950s. The goal should be ZERO immigration.

@I_A_Project @MarkSKrikorian

@ModeledBehavior True; a broken society that produces: "He's as sharp as a tack", "the border is under control", "safe and effective", "she was not the border czar", "the laptop is Russia misinformation" -signed by 51 intel-, "immigration does not lower wages", needs to be put back together.