Completely unsupported. There are so many examples that you manage to offer … none.
Not obvious t' me. If it precipitated a recession, it would
weaken the labor market.
>>You want citations again or do you know simple math?
"Simple math" and "common sense" don't always explain macroeconomic phenomena.
>>Yes, there would be dislocation in the "short term" certainly.
Like the one we just went through?
If it didn't meet population growth, how is it that unemployment was cut in half? An obvious concern is the decline in the labor force participation rate, but that's largely the result of demographic and societal changes (aging baby boomers, more people staying in school, and more withdrawing temporarily from the labor force to care for sick/elderly/disabled relatives or to raise young children).
The US population has expanded from 309.3 million in 2010 to 325 in 2016, up 5.1%, while private-sector employment has grown from 105.4 million to 123.3 million, an increase of seventeen percent — more than three times the rate.
Enjoy yer laugh.
>>As I said, new small business growth has been down in smaller towns across the US.
Yeah, you
said it. Did you offer any evidence to support it? I can't comment on yer claim regarding "smaller towns," but I'd like to hear more about it.
The number of establishments with fewer than 250 employees has been expanding since 2010 and has now returned to the pre-recession level.
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The number of jobs created annually by these businesses has grown from 2.5 million to three million during the recovery.
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That measure exhibited a rather steep downward trend 2000-10 which has since been reversed. It's still down about a third from the level in the late 1990s, indicating that the number of new jobs in each new establishment is declining. (
source)
In 2000, the average new firm had 7.7 employees; by 2010, that number had declined to 5.5. Part of this reflects a changing sector mix, with fewer firms in construction and manufacturing and more in professional services. It also reflects growth in outsourcing clerical functions such as accounting and finance. (
source)
As the analysis in that article indicates, a lot of the problem has resulted from a lack diminished access to credit by small businesses and a lack of confidence among them.
Depress how much and for how many? I've been arguing here that the net effect is positive, and that the solution is to increase the MW.
Did you notice this part of the article:
llegal aliens allowed some of the businesses to grow or survive foreign competition, indirectly expanding job opportunities and wages for higher-skilled workers in the same trades.
Without a pool of illegal immigrants willing to be garment workers or shoemakers, the accounting office said, many companies would shut down.
>>I know it's the NYT, which is a biased rag now, but I didn't have time to look for something better.
Ya mean something "better" in the sense of not being eighteen years old?
You describe the highly-respected NYT as a "biased rag," then provide a link to a doc published by the RW think tank Center for Immigration Studies … and don't even provide an excerpt from it. And fwiw, that Times piece is a reprint of an AP article.
You guys need to step up yer game. I won't hold my breath.
