Calculating The ‘Prevailing Wage’ Costs Of A Bad Immigration Compromise

    Richard Trumka fingerpointing 2

    On Friday, AFL-CIO boss Richard Trumka and U.S. Chamber head Thomas Donahue reached a “compromise” that would allow up to 200,000 immigrant workers (the numbers dependent on the industry) work visas, so long as a government-imposed wage rate is applied.

    Aside from the basic problem of the government dictating artificially high wage (and benefit) rates–known as prevailing wages–the problem is that most do not know what constitutes a “prevailing wage rate.”

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    Charles Schumer (D, New York): the Democratic-controlled Senate will pass a budget.

    Please take note of this.  Democratic Senators are a funny bunch, sometimes.  Point out that they’re mandated, Constitutionally, to pass a budget every year? They yawn.  Remind them that it’s rank hypocrisy to lecture people on fiscal responsibility when they won’t show any?  You get a shrug in response.  Observe that shenanigans like Senate Democrats not doing a budget since 2009 is one major reason | Read More »