Obviously, immigration doesn't depress wages. If it did, self-interested billionaires such as Zuckerberg, Bloomberg, the Koches, Gates, Adelson, the Widow Jobs, and Murdoch, would all donate money to increase immigration. Oh, wait ... They do? Huh ... https://www.unz.com/isteve/how-many-forbes-400-billionaire/ …https://twitter.com/CathyYoung63/status/1090097417087844352 …
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... By "basic categories of economics" I mean, of course, supply, demand, and demographic free-flow mystery sauce.
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The aggregate material well-being for all market participants is likely to eventually improve if labor mobility is maximized, but the well-being of the depressed side of the border will benefit disproportionately while markets stabilize. This WILL set American families back.
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