General Discussion
In reply to the discussion: Free traders will never answer this... if immigrants are needed here... [View all]cthulu2016
(10,960 posts)I don't think we should be importing labor in a domestic jobs crisis so I am not arguing for loose immigration at all.
I can create an economic hypothetical where labor importation is desirable for the national good, but that hypothetical doesn't look anything like America today.
I think the economy is supposed to produce wages.
Comparative advantage is powerful and real in its ability to increase the standard of living on both sides of the equation. When policy prevents that outcome then the policy is flawed.
My support of free trade is limited to practical effects. It is not idealogical.
My support for capitalism is the same. Its only justification is that it works, so if it isn't working it has to be changed so that it does work, or replaced.
Practical, not idealogical.