immigration overhaul

nytimes.com
Debunking the Myth of the Job-Stealing Immigrant

Scratch the surface, though, and you’ll pretty quickly find that many Americans are closer to my grandfather’s way of seeing things than they might find comfortable acknowledging. I am referring not to the racial animus but to the faulty economic logic. We generally support immigration when the immigrants are different from us. People in the middle and upper-middle classes don’t mind poorly educated, low-skilled immigrants entering the country. Nor do we mind highly educated professionals coming in — unless, that is, we are in the same profession ourselves. More broadly, those of us advocating an immigration overhaul are basically calling for official recognition of the status quo, through offering legal status to some of the roughly 11.2 million undocumented workers who aren’t going away. Few of us are calling for the thing that basic economic analysis shows would benefit nearly all of us: radically open borders.

And yet the economic benefits of immigration may be the ­most ­settled fact in economics. A recent University of Chicago poll of leading economists could not find a single one who rejected the proposition. (There is one notable economist who wasn’t polled: George Borjas of Harvard, who believes that his fellow economists underestimate the cost of immigration for low-­skilled natives. Borjas’s work is often misused by anti-immigration activists, in much the same way a complicated climate-­science result is often invoked as “proof” that global warming is a myth.) Rationally speaking, we should take in far more immigrants than we currently do.

So why don’t we open up? The chief logical mistake we make is something called the Lump of Labor Fallacy: the erroneous notion that there is only so much work to be done and that no one can get a job without taking one from someone else. It’s an understandable assumption. After all, with other types of market transactions, when the supply goes up, the price falls. If there were suddenly a whole lot more oranges, we’d expect the price of oranges to fall or the number of oranges that went uneaten to surge.

But immigrants aren’t oranges. It might seem intuitive that when there is an increase in the supply of workers, the ones who were here already will make less money or lose their jobs. Immigrants don’t just increase the supply of labor, though; they simultaneously increase demand for it, using the wages they earn to rent apartments, eat food, get haircuts, buy cellphones. That means there are more jobs building apartments, selling food, giving haircuts and dispatching the trucks that move those phones. Immigrants increase the size of the overall population, which means they increase the size of the economy. Logically, if immigrants were “stealing” jobs, so would every young person leaving school and entering the job market; countries should become poorer as they get larger. In reality, of course, the opposite happens.

deadline.com
BREAKING: Obama Immigration Speech: CBS, Fox & NBC Not Airing, ABC Undecided, Which Means Likely No Broadcast Network (Other Than Fox News, CNN, and MSNBC) Will Be Showing The Speech Live

Hollywood Entertainment Breaking News

President Barack Obama will finally be making public tomorrow night what his plan is to overhaul immigration. However, while his primetime speech will postpone part of the 15th annual Latin Grammys, it will not be covered by most of the Big 4 – if any of them.

The administration announced today that POTUS will be speaking live from the White House at 8 PM ET on Thursday. ABC has the fall finale for Grey’s Anatomy on at that time while CBS has ratings powerhouse  The Big Bang Theory, NBC has reality show The Biggest Loser and Fox has Bones. As of right now, three of those networks will not see any changes in their November sweep schedules due to the speech.

While Obama’s speech will be seen on their cable news siblings, Fox and NBC  are not carrying it live on their broadcast networks tomorrow night. CNN, along with Fox News and MSNBC, will be showing the speech live. A CBS News division spokesperson says the network will also not be showing Obama’s approximately 15-minute address on Thursday night. The broadcast networks were not asked for time by the administration, sources tell me. The time zone difference will see NBC, CBS as well as ABC adding coverage of Obama’s immigration speech to the West Coast versions of their national nightly news shows.

Source: Dominic Patten for Deadline Hollywood