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View Diary: Republicans see Chamber of Commerce guest worker deal as too small and worker-friendly (43 comments)

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  •  Really? That's the cheap labor approach (0+ / 0-)

    There are an infinite number of workers. You raise wages by exclusion.

    Are you an educated person? I thought everyone knew that.

    •  Too simplistic. (0+ / 0-)

      Wages are going to fall in any kind of work that can be done in low-wage countries--manufacturing, phone work, increasingly web-based retail, etc. There is little anyone can do about that except try to keep American workers more productive, which is really only a delaying action. The productivity gap between US and foreign workers exists but will likely shrink.

      So we're talking only about wages for workers in industries that cannot be taken offshore. And the number of those workers is not infinite.

      "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

      by HeyMikey on Fri Apr 12, 2013 at 07:38:39 AM PDT

      [ Parent ]

      •  Dean Baker (0+ / 0-)

        argues that many of those problems have to do with the strong dollar policy engineered by Robert Rubin in response to the Asian financial crisis.  A weak dollar would bring the jobs back but businesses would have to pay more for labor and they certainly don't want that.

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