LABOR MISS-PRICING: Less Educated Men Face Brutal Job Market - WSJ.com
If illegal aliens are taking those jobs that exist - it's likely because the cost of their labor is closer to a labor-clearing price.
The other people taking these jobs are offshore - where, even more, the labor cost is at a labor-clearing price.
Policies to make job creation in the US easier and better are the answer. The job pie can be expanded. But, policies to do this are anathema to social liberals and entitlement redistributionists who burden jobs with high benefit costs and taxes.
Concomitantly, why is that someone with a salary can't hire and deduct the cost of hiring someone to do work for them? Think of all the families that have two wage earners where one quits because taxes are too high. If this high wage earner (likely highly educated) was working, and the income they earn could deduct the wages of help at home, they could probably provide anywhere from an average of 1 to 5 jobs for the less educated. That's the kind of math I'd like to see. It has nothing to do with illegal immigrants as so many conservatives rant.
Thursday, May 6, 2010
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