Thomas Sowell: Paul Ryan’s argument for immigration reform ‘utter nonsense

By: American Decency Staff

On Tuesday’s broadcast of Laura Ingraham’s radio show, economist and Intellectuals and Race author Thomas Sowell blasted Wisconsin Republican Rep. Paul Ryan argument for immigration reform.

During a June appearance on Ingraham’s show, Ryan had said the U.S. might face labor shortages unless immigration policy is overhauled.

“That’s incredible,” Sowell said. “I mean —first of all to an economist, it is incredible to speak about shortages without talking about prices, in this case wages…You know there, there have been so many predictions of shortages of so many occupations and the shortages don’t materialize. And why not? Because if there is a shortage, the wage rate goes up. That attracts in more people and lo and behold, the jobs are filled.”


Read more: http://dailycaller.com/2013/07/16/thomas-sowell-paul-ryans-argument-for-immigration-reform-utter-nonsense/#ixzz2uSYX3EuU

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