A surge in immigration has made the U.S. economy more competitive by preventing wages from rising more than they otherwise would have, the head of the International Monetary Fund said Thursday.
@DeItaone minimum wage hikes forces them higher anyway
@DeItaone 2 things: American are too proud to perform some of the jobs that immigrants will gladly perform. Employers do not want to put up with the attitude that is commonly expected from Americans.
@DeItaone I’m sure all the citizens of the US are super grateful for their wages not going up with inflation 🫡
@DeItaone I wonder what @zerohedge opines about this
@DeItaone In other words we make our citizens poorer by diluting the labor supply
@DeItaone This is actually good when thinking inflation.
@DeItaone Immigration. Not illegal immigration.
@DeItaone What about ordinary Americans who face raising cost of living?