can't you argue that raising taxes lowers inflation by reducing demand? And if those taxes are redistributed to others then demand equals out.
Sounds like a Progressive utopia
Except that up here in Canada, they also have access to a shit ton of services. Its the classic case of privatize profits and socialize losses.can't you argue that more workers puts downward pressure on wages which lowers inflation?
Woah, Woah, woah.
Yes, the U.S. used to be a powerhouse of innovation,
natural resource assimilation,
and labor attraction.
****
But what was Number 1 on the list was included in the Declaration of Independence:
"Life, Liberty and the pursuit of happiness"
To the average 18th century Englishman, what is that?
Literacy. Full Stop.
The ability to live like the gentry.
So America must have public education.
and encourage everyone to better themselves.
The London gentry were aghast at this radical proposal.
This is the secret sauce that America is built on.
Instilled in a moral youth is
"If you can dream it, you can do it"
Then came the came the synergies of very young adults:
JD Rockefeller
Cornelius Vanderbilt
Andrew Carnegie
Henry Ford
Thomas Edison
etc
***
It is a Marxist myth that America was built on cheap labor.
The built-in canard is that the cheap labor needs to be paid back now (reparations)
But, it never happened in America.
***
I am totally against illegal immigration,
but because of the incentives ("free stuff"),
and not for any other reason (building moral ambitions)
Are you dyslexic ? Just wondering, because you've got it backwards. These folks at our Southern border are not there because their countries are kicking them out, they're here because they chose to leave, even knowing how difficult the journey would be. That speaks of their grit and determination. Should be exactly the kind of folks we want here --- not afraid of hard work, and determined! And by the way, the crime most illegal immigrants commit is overstaying their visas. Immigrants in general, whether legal or illegal, commit crimes where guns and/or violence is involved at a rates well below the rate at which citizens commit them. And all immigrants, legal or not, contribute to business profits and pay taxes!Why don't their own countries want them then? They should be opening the floodgates to let them in.
This seems a very weak argument that would not hold at all except for a few cities heavily impacted, and those communities will get federal help. The cost, at the margins, to you personally will be pennies. If anything, immigrants who work here legally or illegally will reduce price inflation.Fake asylum seekers from our open “ biden border” is causing inflation. Who is paying for these Fake asylum seeker services? The American people. Cities and municipalities much raise state and local taxes or cut back on sevices meant for hardworking tax payers.. The inflation will only get worse and it will show up in the deficit hence higher bond yields.
Lets not even talk about the crime some of them are bringing; thats also an economic drain.
Generally that is my observation in SoCal.Are you dyslexic ? Just wondering, because you've got it backwards. These folks at our Southern border are not there because their countries are kicking them out, they're here because they chose to leave, even knowing how difficult the journey would be. That speaks of their grit and determination. Should be exactly the kind of folks we want here --- not afraid of hard work, and determined! And by the way, the crime most illegal immigrants commit is overstaying their visas. Immigrants in general, whether legal or illegal, commit crimes where guns and/or violence is involved at a rates well below the rate at which citizens commit them. And all immigrants, legal or not, contribute to business profits and pay taxes!