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1195 points mriguy | 3 comments | | HN request time: 0.406s | source
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roughly ◴[] No.45306289[source]
I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain.

A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.

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jpadkins ◴[] No.45306392[source]
The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a hollowed out middle class in the US. Let me know if you want further reading on this topic.
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roughly ◴[] No.45306892[source]
The hollowing out of the middle class in the US isn't because of immigrants, it's because of a sustained campaign by capital to reduce the power of labor over the last 50-odd years and to concentrate wealth as best they can. Immigrant labor contributes to that because we've got inadequate labor protections and because we bought into the idea that lower consumer prices was a fine reason to ignore both labor and antitrust.
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jltsiren ◴[] No.45308017[source]
Labor share of US GDP is usually around 60%, which is comparable to Europe.

If you divide the GDP by the number of employed people (including self-employed and entrepreneurs), you get a bit over $180k/person. The median full-time income is a bit over $60k. In other words, as a gross simplification, the mean worker earns 80% more than the median worker.

The comparable numbers for Germany are a ~€100k, ~€45k, and 35%. If something is hollowing out the American middle class, it might be the high earners rather than the capital.

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mlrtime ◴[] No.45310190[source]
Your numbers don't sound that bad, and it's actually why people still come to America for opportunity. It's because the mean > median that makes America more desirable than Germany.
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1. twothreeone ◴[] No.45310326[source]
Exactly this. And the main "equalizing" factor in Germany is taxes, round about 50% of Germany's labor share of GDP for average earners consists of taxes and social security contributions. Which is exactly what the Republican campaign has been all about - minimize taxes and cut spending wherever possible. Yes, you get a vastly more unequal and in many cases just flat out inhumane society. But if you can manage to be part of the "upper" class for a few years it pays so well that it becomes very appealing to a lot of people all over the world.
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2. Mars008 ◴[] No.45312127[source]
> But if you can manage to be part of the "upper" class for a few years it pays so well that it becomes very appealing to a lot of people all over the world.

Unfortunately last several millions came for exactly the opposite. Free full government support, aka communism.

3. forgotoldacc ◴[] No.45312355[source]
Yep. It's the same reason those tiny oil countries in the Arab Gulf are popular. You can work a few years to save big and go home. There's a underclass of slaves below you that keep the country running, but if you're not a slave yourself, it's easy to ignore that.

America is similar. Ignore the homeless, the people who can't afford basic trips to the doctor, the illegal immigrant underclass, hope the crime problem never affects you, and focus on your own money, and it's fine.