what kind of math says, now that we have 6 or 7 unemployed people for every job, that adding more people to the number of people without jobs is helpful? Even the CBO emphasizes - a point that was left out of the above cartoon - that for the first few years this will increase unemployment and decrease wages - but then it gets better.
“Average wages would be lower by about 0.1 percent in 2023 and higher by about 0.5 percent in 2033 than projected under current law,” That is from the CBO site.
So perhaps they are figuring a few hundred thousand people will die off, so there will then be less people to compete for jobs?
I can see it from a corporate perspective - Mi$$ RobMe is absolutely WILD about the idea, because it will drive his labor costs down and his profits up. It will be a great boon to companies that develop software, like Microsoft, who will net a pool of cheap programming talent.
Today over half of all college students aren't finding jobs, even in the STEM fields. We have millions of skilled workers who can't find jobs today, and this will put more pressure on them and their families. If there are all these good jobs for them, why aren't they employing the unemployed people that are here today? Or are the existing Americans just disposable?
What, exactly, is the upside for people who aren't in the 1%? According to the CBO, for those at the lower end of the economic scale, this is going to make life even harder for them for the next 20 years.
One of the things that made us strong in the past are the varied points of view and ideas that people from other cultures and circumstance bring with them, and how they use that to develop. And eventually we will be stronger for it. But we are going to get those advantages on the backs of working people who must already use food stamps just to get through the month, perhaps the workers at McDonalds or Walmart, and certainly some of our teachers and public workers, for the next two decades.
If honesty, instead of just marketing was driving this, there would be a drawing about that in the cartoon above as well.
I'm not against the idea, but I am against treating people like they are stupid. So I am curious as to why that is left out.
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