Impact of Immigration on our Socioeconomic System

Wheelan (2010) argues that the price of a skill is not related inherently to the social value but to the skill’s rarity. Although many people in the US are poor because of a lack of jobs, it is not because they lack skills but because of their worth as human capital. The poverty rate of college graduates is 12 times lower than that of high school graduates. Low-skilled workers are also less mobile than high-skilled workers. In a modern economy, skills, specialization, and technology affect productivity, all of which comprise human capital. The reason that America is wealthy is because it is productive. The country has become better at producing services and goods over the last decades, including the entertainment and healthcare industries. As the country becomes more productive, it begins to use technology over labor; hence, there is an increase in unpleasant tasks even as human capital increases.

Are you in need of a new and genuine copy of “Impact of Immigration on our Socioeconomic System”? Get in touch with us.

Bonello & Lobo (2015) argue that a gap exists because of these unpleasant tasks and an increase in human capital. Those who are highly skilled are not willing to do unpleasant tasks. Immigrants come in here, primarily low-skilled but willing to do unpleasant tasks. Will the economy survive by ignoring unpleasant tasks? The answer is NO. Factories producing goods and having no one to care for the by-products will eventually close down. Low-skilled immigrants do jobs that Native Americans do not want to do; housekeeping, janitors, funeral service workers, groundsmen, and nannies. High-skilled immigrants also take up jobs that Native Americans refuse to take on, including software engineers, dentists, and research scientists. God told the Israelites that they should not harvest all that was in the field but rather leave some of the harvests for the foreigners (Deuteronomy 24:19-21). Americans cannot do all the jobs; they need immigrants to do some jobs (usually low-paying). Immigrants are not substitutes but complements who help reduce economic bottlenecks.

Therefore, we ought to treat immigrants with respect and dignity, for they, too, play their part in enriching the country. If all immigrants were to leave the US, the economy would surely go downhill; parents would need to quit their high-paying jobs to stay at home with their children; incomes would be affected, mortgages would go unpaid, resulting in homelessness, etc. The cascade of events would be endless. The Bible admonishes us in several passages that we should love immigrants because God loves them too. US people can become immigrants if the scales are tilted: Exodus 23:9 “You shall not oppress a sojourner. You know the heart of a sojourner, for you were sojourners in the land of Egypt. No one chooses to be an immigrant; war, strife, and other push factors displace people from their homes and countries. So, just as God told the Israelites never to forget that they were once foreigners, Americans, too, should not take their economic power status for granted. Nations rise, and nations fall. We need to be fair and loving toward foreigners: Psalms 146:9, The Lord watches over the sojourners; he upholds the widow and the fatherless, but the way of the wicked he brings to ruin.

Similar Post: MBA Reflection

References

Bonello, F., & Lobo, I. (2015). Taking sides: Clashing views on economic issues (16th ed.).

Wheelan, C. (2010). Naked economics: Undressing the dismal science. Chapter 6: Productivity and Human Capital

ORDER A PLAGIARISM-FREE PAPER HERE

We’ll write everything from scratch

Question

Discussion assignment