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autokad | 1 month ago

I am not so sure on that. They raise inflation, home prices, etc. The locals see no real benefit except having to pay more for everything. While more taxes are collected, most of that goes to offsetting just some of the economic pain induced by the people living there.

and it is in fact zero sum. every spot filled in university or company is a spot not taken by a local, as its obvious by the numbers, more local people are not getting admitted into CS programs nor are they being hired. its 100% zero sum when we are looking at these numbers and %s.

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echelon|1 month ago

Companies want to cut costs. They will.

If you don't bring more fungible labor into the US, the jobs will be offshored.

Look at what just happened to film labor in 2022-2023. The industry was burgeoning off the heels of the streaming wars and ZIRP. Then the stikes happened.

Amazon and Netflix took trained crews in the Eastern Europe bloc and leveraged tax deals and existing infra in Ireland and the UK. Film production in LA and Atlanta are now down over 75%. Even with insane local tax subsidies - unlimited subsidies in the case or Georgia.

Software development will escape to other cheaper countries. They're talented and hard working. AI will accelerate this.

Then what? America lost manufacturing. I think we've decided that was a very bad idea.

We need to move the cheaper labor here. More workforce means more economic opportunities for startups and innovation. Labor will find a way as long as the infrastructure is here.

De-growth is cost cutting and collapse. Immigration is rapid growth, diversification, innovation, and market dominance.

All those people start buying from businesses here. They start paying taxes here. It supercharges the local economy. Your house might go up in price, but way more money is moving around - more jobs, more growth, second order effects.

America doesn't have the land limits Canada has. And we can set tax policy and regulations to encourage building.

I'd rather be in an America forecasted to hit 500 million citizens - birth or immigration. And I want to spend on their education. I want capital to fund their startup ideas. I want the FTC/DOJ to break up market monopolies to create opportunity for new risk takers and labor capital.

That was the world the Boomers had. Exciting, full of opportunity. That was the world of a rapidly industrializing America.

Right now, the world we have ahead looks bleak. People aren't having kids and we aren't bringing in immigrants. We'll have less consumerism, less labor, and everything will shrink and shrivel and be less than it was.

coredog64|1 month ago

> If you don't bring more fungible labor into the US, the jobs will be offshored.

Offshoring is not always a substitute for an employee chained to the job by a visa. I'm sure you can get a million and one anecdotes here on HN about the perils of working across timezones, cultures, and legal systems.

johnnyanmac|1 month ago

If you really think that companies are moving out of country because "there's not enough talent", despite having some of the more relaxed tax codes and most talented universities here: well, sure. That would be hopeless. It also sounds like you're buying snake oil.

They had decades to off shore, and they chose not to. I don't think Ai in the near term (<15 years) is going to change that dial much. If they do leave, there's plenty of talent to fill the void.

dzonga|1 month ago

> We need to move the cheaper labor here

Very smart & pragmatic.

however political sentiment is going the other way - which is an own goal

Analemma_|1 month ago

You could use this exact argument to say nobody should ever have children-- children also raise inflation, home prices, etc. And the majority of your property taxes go specifically towards programs which would be unneeded if nobody had any children.

The fact that naive anti-immigration arguments can be copy-pasted unchanged into arguments against having children is a sign that maybe those arguments are stupid. To understand why, you might start with the fact that immigrants also purchase goods and services, and hence pay the salaries of the ~70% of people in this country employed in some way or another by consumer spending.

mc32|1 month ago

Children are future taxpayers the majority with parents who were not a tax burden --net positive tax contribution. People without Children benefit from the taxes paid by the children of people who rear children -i.e. people without children aren't "cashing out" their tax contributed retirement --that contribution went to other retirees.