Another way of saying this is that immigration inhibits wage growth.
Also, the employee shortage will only get worse as the number of older american increases and number of working age employees shrinks. If it's bad now, it's only going to get worse as time passes.
That's fair, but technically I didn't say it would lead to wage growth. My point is that loose immigration allows capital to keep wages at their current levels, or lower them, because it's still probably better for those immigrating here than from where (whence?) they emigrated.
> Also, the employee shortage will only get worse as the number of older american increases and number of working age employees shrinks. If it's bad now, it's only going to get worse as time passes.
But is immigration the only solution to this problem? I get that birth rates are low, but it seems like that's due in large part to having kids being really expensive, on top of everything else being really expensive due to inflation. I don't get why we don't incentivize americans to have more kids. I get that orban is a controversial figure, but his plan [0] seems like a good thing for a government to do for its citizens. Why does helping families have to be a right-wing policy?
[0] https://www.theguardian.com/world/2020/mar/04/baby-bonuses-f...
All told, the value adds up to tens of thousands in support per child, and yet it's nowhere enough to keep fertility rates at replacement. As such I doubt Orbans policies will as well.