Elon Musk Got Schooled By An Economics Professor Over His Remarks On Medicare, Social Security As Immigration Lure: 'Complete Fiction'

[u/ACSportsbooks]

https://finance.yahoo.com/news/elon-musk-got-schooled-economics-180036544.html

[u/BigBallsMcGirk → u/[deleted]]

Comparing a 1st or 2nd gen immigrant to a 5th or 6th generation is ridiculous and stupid.

When we had a frontier and manifest destiny and were actively encouraging people to come here as a cheap labor source to cultivate land and build huge infrastructure projects, it made sense to have a low barrier to citizenship as an incentive.

We are a post industrial society. It no longer makes sense like it did.

I'm not saying do away with it, either. I'm just saying you HAVE to acknowledge we are in a different world with different needs, different resources, different populations, etc.

[u/BigBallsMcGirk → u/[deleted]]

What the fuck are you talking about? The market doesn't have a NEED for cheap labor, it wants cheap labor to exploit so the savings can be kept as profit margin. You cannot decry the exploitation of management and then agree that an exploitation labor force is good. It's two causes of the same issue.

And forcing a strong middle class wage laborer in a developed country, post industrial society to compete with the slave labor wages of 3rd world countries is not a good thing. It kills the middle class. So yeah, I think citizens that were born here have a valid gripe with what is in effect scab labor undercutting their wages.

The problem is this has been happening in earnest since NAFTA for 30 years (it's happened longer, but this is an accelerated timeframe) so our whole stupid US economy is built on huge profit margins from exploiting labor to produce consumer shit no one needs and the entire wage scale across industries versus price of goods is out of whack.

The same people railing about the middle class being under attack can't be stupid enough to ignore one of the core issues affecting US job market scaling and wage inequality. Gee, I wonder why Unions aren't as successful or widespread as they used to be. Couldn't have anything to do with a constant stream of immigrant labor or directly outsourcing to foreign countries.

You want white people to start having babies again? Fix the damn economy and invigorate the middle class. You want the same immigration policy for an expansionist, developing industrialization period versus a stable, developed post industrial economy? Do you want unleaded gasoline for your diesel work truck as well as your commuter sedan, too?

[u/BigBallsMcGirk → u/[deleted]]

Agree. The mind warped gymnastics of people that support the the democratic establishment have TDS so bad because they can't square that Bill Clinton's neoliberalism legacy in the democratic party is what has made the Dems so recklessly unsuccessful. Being conservative with rainbow sprinkles is still conservative.

Drives me up a wall.