Re: Party Time: George Soros reportedly lost about $1 billion after Trump's election
I suspect there are many varieties of "the poor," for example some that are disadvantaged because of government misappropriation and direction of assets, such that they cannot "find a job and feed themselves."
One such example would be 12 to 14 year olds in inner ghettos with no family and no support.
Yes indeed, the free market is so distorted, that you have demand for job, and you also have supply for a job, but you can't connect the 2 because of stupid regulations.
For example there are a lot of unemployed unskilled people in India, and there are a lot of job opportunities for unskilled in the US, but now they cant be connected because of a ban on immigration.
Furthermore there are a lot of high skilled job demand in the us (Doctors, Engineers,etc), and a lot of job prospects for that in South East Asia. And again you cant connect these.
In a globalized world, you have globalized demand and supply. There is alway a job opportunity for you, it's just that maybe it's on the other part of the globe. And if you are not willing to move, then you are going to cry for a ban on immigration because you want your job close to you.
Either way, this ban on immigration is silly. It's just the last cry of the wolf before fading. People have to realize that the economy is much more global and complex now than 70 years ago, and the good old times will never come back.
This is complete bullshit.
Why in hell should it be the case?
There is NO REASON that you would have a "job for you" in a global perspective! Why would it be the case?
You're telling me that without regulation there wouldn't be any unemployment?
