Immigration and economic impact from "summary" of Economic Facts and Fallacies by Thomas Sowell
Immigration has long been a contentious issue, with debates centered around its economic impact. Proponents argue that immigrants are vital for economic growth, as they contribute to the workforce and consumer base. They often point to the fact that immigrants take jobs that native-born Americans are unwilling to do, such as agricultural or service industry jobs. In addition, immigrants also create demand for goods and services, which in turn creates jobs for others. However, critics of immigration argue that immigrants depress wages for native-born workers, particularly those without a high school education. They contend that immigrants are willing to work for lower wages, which puts pressure on wages for everyone in the labor market. This can lead to increased competition for jobs and lower o...Similar Posts
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