Tens of Thousands of Employers Harmed by Trump Immigration Restrictions
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 25 July 2020
⏱️ 17 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Saturday, July 25th, 2020. |
| 0:05.9 | I'm Caleb Brown. |
| 0:07.0 | The overall picture of the Trump administration with respect to immigration is a grim one |
| 0:12.0 | during a pandemic where a quick jump start |
| 0:14.2 | to the economy is absolutely necessary, |
| 0:17.0 | the Trump team has doubled down on preventing immigrants |
| 0:20.1 | from helping the US rebuild its economy. David Beard discusses the tens of thousands |
| 0:25.4 | of employers that have been harmed by these restrictionist policies. |
| 0:29.3 | If you hear certain members of Congress talk like Ted Cruz and others we should not be even |
| 0:34.9 | considering immigration broadly right now given the high unemployment rate in the United States. Before we get into the |
| 0:46.3 | nominal subject matter here, why is that wrong? Well the basic view of economics is that when workers come in and they fill jobs they create a |
| 0:58.3 | comparable number of jobs elsewhere in the economy. |
| 1:02.6 | And the way this happens real simply is, |
| 1:05.4 | you know, if I'm a roofer and I need some roofers |
| 1:07.9 | to, you know, get up on some buildings and build me some roofs and I hire them from Mexico. |
| 1:16.0 | Those Mexican workers result in me purchasing more products, more nails, |
| 1:22.0 | more shingles, etc. |
| 1:25.8 | And that increased demand for products and production |
| 1:30.1 | elsewhere in the economy creates jobs for other people and the faster that this |
| 1:37.1 | process can happen where jobs get filled and and more demand for jobs is created elsewhere, the better off everyone in the economy will be. |
| 1:47.2 | So how many employers are affected by the various worker, is that the way to put it, worker bans that the Trump |
| 1:56.4 | administration is imposed? Yeah, so we have bans on on foreign workers |
... |
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