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posted by martyb on Saturday March 28 2015, @02:47AM   Printer-friendly
from the working-for-a-living dept.

Adam Davidson at The New York Times has a story debunking the myth of the job-stealing immigrant:

When I was growing up in the 1980s, I watched my grandfather — my dad’s stepdad — struggle with his own prejudice. He was a blue-collar World War II veteran who loved his family above all things and was constantly afraid for them. He carried a gun and, like many men of his generation, saw threats in people he didn’t understand: African-Americans, independent women, gays. By the time he died, 10 years ago, he had softened. He stopped using racist and homophobic slurs; he even hugged my gay cousin. But there was one view he wasn’t going to change. He had no time for Hispanics, he told us, and he wasn’t backing down. After all, this wasn’t a matter of bigotry. It was plain economics. These immigrants were stealing jobs from “Americans.”

I’ve been thinking about my grandfather lately, because there are signs that 2015 could bring about the beginning of a truce — or at least a reconfiguration — in the politics of immigration. Several of the potential Republican presidential candidates, most notably Jeb Bush, have expressed pro-immigration views. Even self-identified Tea Party Republicans respond three to two in favor of a path to citizenship for undocumented immigrants. Every other group — Republicans in general, independents and especially Democrats — is largely pro-immigrant. According to Pew, roughly as many people (18 percent of Americans) believed in 2010 that President Obama was a Muslim as believe today that undocumented immigrants should be expelled from the United States. Of course, that 18 percent can make a lot of noise. But for everyone else, immigration seems to be going the way of same-sex marriage, marijuana and the mohawk — it’s something that a handful of people freak out about but that the rest of us have long since come to accept.

 
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  • (Score: 0) by Anonymous Coward on Saturday March 28 2015, @03:39PM

    by Anonymous Coward on Saturday March 28 2015, @03:39PM (#163573)

    And your comments are what I'd expect to hear from someone who hasn't worked in HFT their entire careers. I have, and let me assure you, economists DO believe that human beings are rational actors in the economy. So many forms of economic theory are based upon that fact. Every economist and quant I work with believes the same thing.

    But a guy on an internet forum claims it's not true. Who am I to believe?

  • (Score: 0) by Anonymous Coward on Saturday March 28 2015, @03:57PM

    by Anonymous Coward on Saturday March 28 2015, @03:57PM (#163577)

    And your comments are what I'd expect to hear from someone who hasn't worked in HFT their entire careers. I have

    So in order to post a comment to a story about the effects of immigration on the economy, one has to have worked in the field of HFT.

    Think before you post.