> As people migrate, rents and wages adjust.
Americans are not migrating to third-world countries because there are more jobs. That's not going to happen.
Americans are not migrating to third-world countries because there are more jobs. That's not going to happen.
But no, Americans are not emigrating in bulk any time soon. The thrust of my argument today is simply that greater inflows to the US is part of the 'free flow of labor' equation.