The argument was that wages rise if labour is scarce. My counter is that labour will just be moved outside with the people, thus countering the scarcity, thus making wages stagnate rather than increase.
Somehow tariffs are supposed to balance this out. Which is really the nonsense in all of this.
Why will wages stagnante?
A rising tide raises all boats or in this case wages.
Not if the work follows the workers outside of the US
You must have missed the reply two comments up.
https://lemm.ee/post/47845390/16367562
You must have missed my response to that
https://lemm.ee/post/47845390/16368689
I read your non-response, which is why I asked how wages will stagnate to your response to tarrifs.
The argument was that wages rise if labour is scarce. My counter is that labour will just be moved outside with the people, thus countering the scarcity, thus making wages stagnate rather than increase.
Somehow tariffs are supposed to balance this out. Which is really the nonsense in all of this.