Mt. Virtus: "Former State Senate President John Andrews is leading the charge for state-level illegal immigration reform. Yesterday he cited an authoritative study that conservatively estimates the cost of illegal immigration to Colorado taxpayers exceeds a billion dollars a year. This issue will be at the forefront of the 2006 elections, and the bipartisan team of Andrews and former Governor Dick Lamm has brought forward a commonsense proposal called Defend Colorado Now: 'to end non-emergency, non-federally-mandated taxpaid services to illegal aliens.'"
Unbossed: "Much of what's taught in economics classes is ivory-tower theories that are contradicted by evidence in the real world (it's not called the 'dismal science' for nothing!)
One of the few 'laws' of economics that's almost always true is the law of supply and demand. Among other things, the law of supply and demand predicts that if the supply of labor increases, then wages for similar work can be expected to fall.
"A report from the Center for Immigration Studies shows that massive immigration into the U.S. over the last 20 years has depressed wages by increasing the supply of labor, especially unskilled labor. This is exactly what the law of supply and demand predicts.
"According to the report, the negative impact on wages is especially notable for blacks and for Hispanics who are already here. The report concludes that, because of immigration between 1980 and 2000, average wages are $1700 (about 4%) less per year than they would otherwise be. For those with only a high-school education (generally, the lowest-paid workers), the decrease in wages is about 7.4%. For blacks, wages are about 4.5% lower. And for Hispanics, wages are about 5% lower."
Category: 2008 Presidential Election
7:19:49 AM 
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