Please don’t forward this article to my lawncare service. My monthly bill has stayed flat for several years and I don’t want them to get any bright ideas.
I sometimes wonder: for every dollar saved by having a migrant perform some service, what is the corresponding taxpayer burden for the schooling, healthcare and other government benefits that these migrants require?
Does the social desirability bias got your tongue? All I’m suggesting is that today’s disinflationary benefit just might be tomorrow’s inflationary trend when it comes to low wage migrant labor. The least educated, native or otherwise, consume the most in government benefits, net of taxes paid, and that isn’t likely to change anytime soon, particularly if this group eventually has to compete against AI robots.
Please don’t forward this article to my lawncare service. My monthly bill has stayed flat for several years and I don’t want them to get any bright ideas.
I sometimes wonder: for every dollar saved by having a migrant perform some service, what is the corresponding taxpayer burden for the schooling, healthcare and other government benefits that these migrants require?
Does the social desirability bias got your tongue? All I’m suggesting is that today’s disinflationary benefit just might be tomorrow’s inflationary trend when it comes to low wage migrant labor. The least educated, native or otherwise, consume the most in government benefits, net of taxes paid, and that isn’t likely to change anytime soon, particularly if this group eventually has to compete against AI robots.
I liked what a British commentator calls immigration for labor-intensive industries="Human Quantitative Easing".
How do you see policymakers balancing that labour-driven supercore pressure with the risk of over-tightening?