I keep needing to have the lump-of-labor fallacy explained to me. Here it is again:

«Stan Veuger, an economist at the conservative American Enterprise Institute, said the administration’s position relies on what’s known as the lump-of-labor fallacy.

“The idea that there’s a fixed number of jobs, and if you remove some workers, there’s more jobs for everyone else, that doesn’t work,” Veuger said. “You’re removing demand as well as supply” because newcomers are also buying goods and services, he said.»

https://www.wsj.com/economy/jobs/immigration-crackdown-labor-market-fcfed2d6?st=8x5uw2&reflink=desktopwebshare_permalink (gift)

Also, this whole article is interesting. Trump’s immigration crackdown has neither helped native-born workers get jobs nor been a disaster for employers in industries that typically rely on foreign-born workers without a college degree, by the numbers.

Not sure what that means. Maybe ICE simply hasn’t deported enough workers to make a difference in these numbers?

Or maybe doing all this while cranking up tariffs and engaging in a particularly stupid war has just scrambled the picture.

Or… maybe the economy is just plain flexible and robust enough that no administration can affect it the way they say they can, and it’s just political manipulation, marginalizing the Others so they can climb to the top?

Or maybe a year isn’t enough time to really see the effects.

Anyway, I still think this country would be better off economically if we were just less racist and sexist, didn’t jack up tariffs, and didn’t jump into stupid wars just because some of us like big explosions.