Tuesday, June 14, 2005

Immigration Sucks

That's what Peter Brimelow from VDARE.com wants to tell us. VDARE for those of you that don't know is an anti-immigration website. Here's Brimelow:
...the economists' consensus is that, while immigration does not increase the aggregate income of the native-born, it does cause an immense redistribution of wealth within the native-born community, basically by depressing wages. George Borjas has estimated that more than 2 per cent of GDP is redistributed from labor to capital. This by itself explains much of the American immigration debate or, more accurately, lack of it. Big political donors, like Silicon Valley and agribusiness, want cheap labor. Politicians of all parties give it to them. Both are engaged in a predatory attack on American workers. It's embarrassing, but vulgar Marxism does offer the simplest explanation.
By the way did I mention that both Brimelow and Borjas are both immigrants? Brimelow is British and Borjas is Cuban.

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