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tedfrank 💉
tedfrank 💉
tedfrank  💉
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@tedfrank

Dir. of Litigation, @hamlinclaw. I founded CCAF, which has won over $200M for class members. “Legendary” — Reuters. “The US needs more Ted Franks.” — WSJ.

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    1. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      tedfrank  💉 Retweeted tedfrank  💉

      The correct answer to the Emma Lazarus rhetorical point is the argument Milton Friedman made decades ago: you can have open borders or you can have a welfare state, but you can’t have both. /1https://twitter.com/tedfrank/status/1161432849909768193 …

      tedfrank  💉 added,

      tedfrank  💉Verified account @tedfrank
      This is a really dumb thing for Cuccinelli to say. Europe isn’t sending us their best. https://twitter.com/joshtpm/status/1161423652962918400 …
      6 replies 21 retweets 43 likes
      Show this thread
    2. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      When Lazarus wrote, we didn’t have a welfare state, so any huddled masses knew they had to strive or starve. The immigrants of 100 years ago came here for the right reasons and were nearly always a net social benefit. /2

      1 reply 3 retweets 13 likes
      Show this thread
    3. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      For better or worse, we have a welfare state now: a guaranteed standard of living, which, while not great, is still better than that of the average European, much less the average Third Worlder. /3

      1 reply 3 retweets 6 likes
      Show this thread
    4. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      In the absence of standards for immigration, our welfare state will be swamped with hundreds of millions of economic migrants. It sucks that we don’t have infinite resources to take them all, but we don’t. It’s a decision of whether to help Americans or non-Americans. /4

      2 replies 2 retweets 12 likes
      Show this thread
    5. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      We should absolutely have immigration! But we make it too hard for high-skilled immigrants and too easy for low-skilled immigrants to come here. /5

      3 replies 3 retweets 11 likes
      Show this thread
      tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

      A billion people want to move to America. Whether we decide to take a million or 10M, shouldn’t we be picking the cream of the crop? Low-skilled Americans already have trouble making ends meet: increasing the ratio of high-skilled to low-skilled citizens will increase wages. /6

      5:34 PM - 13 Aug 2019
      • 2 Retweets
      • 17 Likes
      • Diego Maradona Lillian Baud'Dib drummer Jim Lee Howk Dr. Joey, PhDeez nope Craig Adamson
      2 replies 2 retweets 17 likes
        1. New conversation
        2. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          (Indeed, when reporters query why factories are employing illegal aliens, the answer is that the employers don’t want to hire unemployed African-Americans. Why don’t we see more reporting on this intolerance and discrimination?) /7

          2 replies 1 retweet 16 likes
          Show this thread
        3. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          But adding low-skilled immigrants who are uneducated and unlikely to acquire human capital (1) has the negative externality of depressing wages among the poor Americans they compete with and (2) adds a net drain to the public fisc. /8

          18 replies 40 retweets 153 likes
          Show this thread
        4. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          That could change! Import enough high-skilled workers, and the complementary demand for low-skilled workers might increase enough that we would have a shortage at a later date and need to let in more of the unskilled. /9

          1 reply 1 retweet 7 likes
          Show this thread
        5. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          But until incomes for the bottom 40% stop stagnating, we have a moral obligation not to spend tax dollars making things worse for them. Fix the immigration system. Auction the spots even: wouldn’t it be great to accept a million new citizens who each paid $200,000 to be here? /10

          3 replies 1 retweet 9 likes
          Show this thread
        6. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          To the people asserting that low-skilled immigrants aren’t a net cost: come on. We have a trillion-dollar deficit because the *average* American takes in more benefits than he or she pays in taxes. Of course someone in bottom two quintiles isn’t going to pay for themselves./11

          4 replies 6 retweets 18 likes
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        7. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          (And that’s before considering the negative externality on the school system of having to provide bilingual education to nonnative speakers. That’s not cheap.) /12

          1 reply 1 retweet 3 likes
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        8. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          tedfrank  💉 Retweeted

          We already sell EB-5 visas to anyone with a certain amount of wealth willing to invest. But that money doesn’t go to the treasury, and it’s not even a real cost to the visa holder, who still owns the investment. /13 https://twitter.com/shrinkingvyolet/status/1161444133657096192?s=21 …

          tedfrank  💉 added,

          This Tweet is unavailable.
          1 reply 1 retweet 4 likes
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        9. tedfrank  💉‏Verified account @tedfrank 13 Aug 2019

          Note that I’m arguing against self-interest. My work is protected against immigration by licensing creating huge barriers to entry: more immigrants, more demand. My family owns real estate that will be more valuable if immigration increases. But I don’t want favelas in the US./14

          3 replies 0 retweets 3 likes
          Show this thread
        10. End of conversation

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