--- Dan Minette <[EMAIL PROTECTED]> wrote: > So, let me understand this correctly. You are > arguing that a smaller > increase in labor supply that is focused on a very > substantial increase in > low skill labor will have a larger impact on the > price (wage) of medium and > high skill labor than a larger increase in supply > that has a greater > percentage in the medium and high skilled labor > supply? > > In short, you appear to be arguingthat the impact of > an increased supply of > low skilled labor is more important to the price of > high and medium skilled > labor than the impact of an increased supply of high > and medium skilled > labor. > > > Dan M.
It's possible that I'm misunderstanding you. I'm arguing that a (very large) increase in the size of the very bottom of the labor pool will have very large effects throughout that pool. This increase at the bottom of the pool is the product of both legal and illegal immigrants. The particular legal status of illegal immigrants means that they have an economic impact on wages that is even larger than their numbers. The actual number of immigrants (legal and illegal) is, meanwhile, immense. My only contention is that this will have a very large impact on labor markets, one that (in particular) will decrease the value of the labor of those at the bottom of the labor market and increase the value of the labor of those at the top of the market. I further argue that this is a bad thing, but I don't think you disagree with that point of my argument. Where in that chain of reasoning do you depart from me? ===== Gautam Mukunda [EMAIL PROTECTED] "Freedom is not free" http://www.mukunda.blogspot.com __________________________________ Do you Yahoo!? Yahoo! Mail - More reliable, more storage, less spam http://mail.yahoo.com _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
