Monthly Archives: September 2015

14

Again, for record (B4 polls appear): Trump didn’t lose debate. Jeb! didn’t gain, Carson did. Carly won’t soar into lead. I’ve been wrong B4

| 10 years ago on Twitter

36

I now count 7 “Trump, loser” articles on @politico home page. Getting there! Why not add a couple more? Use your influence!

| 10 years ago on Twitter

33

Not crazy to note that CEO Carly’s big dud merger was classic empire-building move. Helped Carly. HP not so much vox.com/2015/9/17/9346…

| 10 years ago on Twitter

31

Shorter Vox: Carly gives phony stats about her HP tenure. Was meh exec who bet big on dud merger. So she’s qualified! vox.com/2015/9/17/9346…

| 10 years ago on Twitter

22

Useful Vox article on Fiorina @ HP can’t get around the apparent foolishness of her big initiative: the Compaq merger vox.com/2015/9/17/9346…

| 10 years ago on Twitter

43

‘I’M FLYING!”//Jeb Bush stands on his tiptoes for Republican debate group photo dailym.ai/1FOJzJC

| 10 years ago on Twitter

53

Hard to get across what a BFD it is that Prof. Borjas has seemingly nuked the pro-immig. lobby’s big Mariel example. kausfiles.com/2015/09/17/mar…

| 10 years ago on Twitter

38

The big pro-immigration data point–that the Mariel boatlift didn’t suppress wages–has seemingly been destroyed kausfiles.com/2015/09/17/mar…

| 10 years ago on Twitter

112 Mariel, Farewell?

The law of supply and demand suggests that an increase in immigrant labor will lower wages. That’s what opponents of increased immigration (including opponents of Rubio-style “comprehensive” reform) say. For decades, the major bit of discordant data has been Prof. David Card’s study of the Mariel boatlift — a “natural experiment” in which 125,000 Cubans landed in Miami in 1980. Did they suppress local wages? Card found that they didn’t — a counterintuitive finding often cited in surveys of the academic debate on immigration, such as this New York Times Magazine article

Card documented that blacks, and also other workers, in Miami actually did better than in the control cities. …

Not so fast! Prof. George Borjas, whose work tends to uphold the conventional supply-demand view, has just gone back and reexamined the Mariel data, looking specificially at what happened to less-skilled workers (high school dropouts).  It turns out they took a beating!

The absolute wage of high school dropouts in Miami dropped dramatically, as did the wage of high school dropouts relative to that of either high school graduates or college graduates. The drop in the relative wage of the least educated Miamians was substantial (10 to 30 percent). … [E.A.]

Card may have missed this because he lumped high school dropouts in with high school graduates, whose wage was unaffected. (At least 60% of the Marielitos were in the lowest skilled, high-school dropout group.)

Borjas also compares Miami’s experience with cities that had similar growth patterns before the Mariel labor “supply shock” (as opposed to Card’s “control” cities, which were chosen partly because they had similar growth patterns after the shock). Borjas finds “the relative decline in the wage of low-educated workers in Miami is much larger when we compare Miami to cities that had comparable employment growth.” It makes sense that if wages in Miami went down, but you compare Miami only with cities where wages also went down, you’ might miss some of the relative Miami decline.

In both academic and political terms, this is a BFD. It looks like the law of supply and demand works. More immigrant workers translates into lower wages. The most conspicuous, unassailable finding to the contrary has apparently just been demolished. A major prop in the arguments for greater low-skilled immigration (including arguments for amnesty) –‘What about Mariel?’ — would seem to  have disappeared, though the other side has yet to be heard from. (And they will be heard from.) Borjas’ study only just went public.

32

What’s the difference between last night’s debate and the Bataan Death March? One was a torturous forced journey Americans won’t forgive …

| 10 years ago on Twitter

11

Jeb! so ineffectual against Trump on immigration it actually hurt Trump — the confrontation had no drama, isn’t one of debate highlights.

| 10 years ago on Twitter

21

.@Breitbart home page — some pro-Carly, some pro-Jeb, some pro-Trump, some pro-Walker — way more diverse and unbiased than @politico.

| 10 years ago on Twitter

50

I count only 6 ‘Trump, Big Loser’ stories on the @politico home page. They’re slacking off.

| 10 years ago on Twitter

37

Re Coulter: Issue of GOP grandstanding on Israel was enough of an issue in 2013 to be subject of this SNL skit nbc.com/saturday-night…

| 10 years ago on Twitter

9

Christie said the magic word that shows a candidate isn’t serious about border control. The word is “drones.” (As in “Oooooh, drones!”)

| 10 years ago on Twitter

7

Trump sez he’ll have the “finest team.” Jeb sez for GOP advisers “you have to go to the last two [GOP] administrations.” WHICH IS WORSE?

| 10 years ago on Twitter

7

Pre-debate idea that !Jeb! wld try to convince GOP voters to come around to his immig. amnesty … total fizzle. Barely half-hearted attempt

| 10 years ago on Twitter