Friday, October 25, 2013

Reed sees immigration as economic boost

As we learned in class immigration in the short run will decrease real wages as more labor enter the country. In the long run immigration will have no effect on wages. In the article I read Mayor of Atlanta Kasim Reed Says that Atlanta could have an economic boost by willing to let immigrants enter and have jobs. To be specific TBS the broadcasting company has 50% of its workforce in Atlanta and in some of their jobs foreign-born people have a distinct advantage to be hire. This is the most common fear that most people get concern with immigration because if immigrants are hired they are mostly willing to take the job at a lower wage and the wage standard lowers for that type of job. In the long run immigration has no effect on wages so the economic boost that Mayor Reed must be talking about must not concern wage but another factor that will help the city in the long run. I believe that this would mostly be a societal boost because those immigrant will have children who then go to school and higher education to eventually fill or create more jobs. That is most likely the economic boost that the mayor talks about.
In article there was a small mention of entrepreneurs   and if we truly think about it would entrepreneurs be seen as capital. They are in some way a provider jobs later on in their entrepreneurial pursuits and they are sometimes limited as to where they can enter when it become a business. In the end The mayor sated that immigration will boil down to how Atlanta citizens want to be represented as. That Statement should makes realize the fact that economic benefits are not always the convincing  argument to make to get peoples support. 

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