Ending temporary worker programs that depress American wages
For more than half a century, productivity, GDP, and profit have risen together. Wages have not followed suit.
Maintaining tight labor markets for American workers
The Economics of Labor Supply and the Role of Immigration Policy
A more productive conversation about raising workers’ wages
Buried within the Democrats’ multi-trillion-dollar reconciliation package is a provision to extend the recently expanded Child Tax Credit (CTC) to undocumented immigrants. This would be a grave mistake, and I say that as both a supporter of the CTC expansion and as a proponent of more liberal immigration.
American Compass’s Oren Cass discusses the tension between worker power and loose immigration policy.
A funny thing happened in the days after we published “What Happened: The Trump Presidency in Review.” The collection’s emphasis on the success of economic policies that pushed the labor market toward full employment attracted substantial interest from proponents of looser fiscal and monetary policy. But that “strange new respect” came with the mandatory caveat that we were still wrong to suggest increased immigration enforcement and a slower inflow of new workers might be part of the same package.
From my ten years documenting the poverty, pain, and frustration of lower-income communities it is easy to conclude that the American Dream is dead for the working class. There is one big exception though: Newer immigrants, who despite poverty, are still optimistic.