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Friday, March 31, 2006

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More open borders/free trade/Globo-Socialist nonsense.

Lower wages do not create higher wages. Duh

Actually, securing the border and hiring only US workers would not increase costs that much. Labor costs are overstated, esp with companies who do not provide pensions.

If wages were such an issue.....then companies would not pay their higher-ups multi-million dollar salaries. The same idiot economists who claim low wages lead to high wages totally ignore that most companies spend more paying managers (who do not produce product) than they do workers.

Companies would be much more productive and profitable if they cut what they pay their mahagement. It would really help the bottom line, and, the snow-ball effect down to other companies cutting executive compensation would blow the doors off the economy

Dan you hit the nail on the head, they are already here and now we have to deal with it.

In Mexico, illegal workers from Guatemala do the work Mexicans won't do (for wages even Mexicans won't take).

EXCERPT
There are also temporary foreign workers in Mexico grouped, as in the U.S., at the extremes of the job ladder. ccording to press accounts, Mexico issues about 125,000 work permits to foreign workers each year, mostly seasonal permits for Guatemalan farm workers, and there are reportedly "thousands" more unauthorized foreign workers in Mexico (Migration News, January, 1995), including many unskilled Central Americans employed at the bottom of the Mexican labor market picking coffee beans, doing unskilled construction work, or employed in Mexican households as maids and gardeners.

LINK
http://www.utexas.edu/lbj/uscir/binpapers/v3a-1martin.pdf

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