Bill Ackman Thankfully Questions Misery As "Cure" for Inflation

Bill Ackman Thankfully Questions Misery As
AP Photo/The Canadian Press, Pawel Dwulit, File

It’s always been a mystery why those fearful of low-wage overseas workers don’t cheer more immigration. Don’t they see the obvious?

When individuals reach the United States, their productivity automatically soars. Thanks to copious investment, those lucky enough to work in the U.S. do so exponentially more productively. And their wages support the previous contention. Much as some who should know better believe foreigners are coming for “free stuff,” the more apparent truth is that they come for investment in all things American. Translated, work in the U.S. pays really well relative to other parts of the world.

 

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