When economists talk about “gains” from immigration to the receiving country, they are talking about the remaining 2 percent—about $50 billion. This $50 billion “surplus” disguises an extraordinary transfer of income and wealth: Native capitalists gain $566 billion. Native workers lose $516 billion.

submitted by Chipit from (quillette.com)

sorted by:
top (suggested)
newinsightfulfun
you are viewing a single comment's thread.

view the rest of the comments →

[–]hennaojichan 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

A company was having trouble with its books and decided to bring in some outside help. The human resources section interviewed some candidates. First they interviewed an accountant: What is two pus two? Four, said the accountant. Then they interviewed a business consultant: What is two plus two? The consultant answered, four, plus or minus 20%. Finally they interviewed an economist: What's two plus two? The economist leaned over and said, what do you want it to be?