Friday, April 21, 2006

VotM

Voice of the Mogambo
The other side of the damned coin is that the flood of new illegal immigrants will be spending all that money and consuming all those services, keeping demand going higher, thus further increasing prices.
As Vox has pointed out, increased supply of laborers pushes the value of labor down (which means lower wages for all) and as Mogambo wrote in his latest rant, the illegals are also pushing prices up. Seems to be the best of both worlds eh?