3.06.2017

Immigration Drives Down Wages

First it was Bloomberg admitting immigration drives up home prices. Now WaPo tells us immigration drives down blue collar wages. Discussion increased deportations to Mexico:
More returnees means lower wages for everybody in blue-collar industries such as construction and automobile manufacturing, where competition for jobs is likely to increase, economists say.
But it turns out in the long-run, deporting Mexicans back to their home nation will Make Mexico Great:
“We suffered a cost as a nation by sending those hard workers to the U.S., in the sense that we lost a lot of talent,” de la Calle said. “When they come back to Mexico and they are properly trained, they will make more than a proportional contribution to Mexico.”

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