XM

Former US Chief Economist; mostly IS/LM, Solow/RCK; Not CV19 vaxxed; looking to influence those who have influence.

[XM @XmEconomics]

Absorb the ideas and run with them. Parse them, dissect them, elaborate on them, appropriate them and re-tweet them, and share them. No obligation for attribution, nor requirement for exact quoting. Just advance and promote the ideas we expressed here.

[XM @XmEconomics]

@KenPaxtonTX Why is Senator Paxton still supporting H-1B visas? Brandon Gill wants to end the program, and JDV supports eliminating it.

[XM @XmEconomics]

@ShaneEBurns Need Paxton and Abbott to get in line.

[XM @XmEconomics]

@HSmith24993512 He could have lobbied the RNC to lower the H1-B caps via legislation and lobby DHS to end H4-EAD, USCIS to reduce F1 visas to zero and DOL to end PERM. And he could have made his distaste for Texans replacement openly clear. He did nothing of the sort.

[XM @XmEconomics]

@HSmith24993512 Yeah, he still hasn't said "end H-1B". He just wants to eliminate the fraud and abuse, and in his own words (paraphrasing) use immigrants "to fill the needs of the economy". He is -so far- not much different than Cornyn or Abbot on "legal immigration".

[XM @XmEconomics]

JDV, as reported by Hannah Nightingale: “My view is the H-1B program is completely broken, and I’d be very supportive of just eliminating it." Gentlemen, we are making progress.

[XM @XmEconomics]

@TexasGOP Why is Paxton still supporting H-1B Visas? What about Abbott? It's about time they line up behind JDV and Brandon Gill on this.

[XM @XmEconomics]

We are making progress Gentlemen !! There is no economic case for mass high skill immigration: https://t.co/aCxp3BjD3s

[Andrew Kolvet @AndrewKolvet]

EXCLUSIVE: JD Vance says H-1B visa program should be eliminated

https://t.co/0mmWd8K9OY

[XM @XmEconomics]

@Michellebbz Why is Paxton still supporting H-1B visas?

[XM @XmEconomics]

@FranciscoG84692 @Milajoy Extracting defeat out of the jaws of victory. Boris Johnson did the same. Won by a landslide but squandered it all devoting himself fully to a foreign war. Maybe foreign policy is easier to do and they think they'll be hailed as the new Churchill. Delusional.

[XM @XmEconomics]

@Michellebbz This would be a perfect occasion to call for an end of H-1B visas.

[XM @XmEconomics]

@NeilMunroDC @desitechsuppoat 4) Scale effects lower input demand for senior care (SC) facilities reducing housing construction costs, 5) SC industry margins contract, transferring capital income to labor, via higher natives wages. 2/2

[XM @XmEconomics]

@NeilMunroDC @desitechsuppoat A multiplicity of effects at play, all good for natives: 1) Native employment increases, 2) Production function becomes more capital intensive, 3) Efforts to economize the now more expensive input labor through technology adoption ensue, elevating natives living standards 1/2

[XM @XmEconomics]

@ericadyork The game of using too many IVs or too few IVs to obtain the results you want is an old one. Although theory should guide the process, analysts are VERY flexible on this. At some point one needs to look around and trust "your own lying eyes". Yes, China's imports destroyed lives.

[XM @XmEconomics]

@Smithdanj @JDVance The long tern benefits outweigh any short term deadweight losses. And you are making the same mistake Erika York does, by assuming a fixed labor supply in the short run.

[XM @XmEconomics]

@Smithdanj @JDVance Yours is a completely static view. The benefits accrue over time in the form of faster technological development due to increasing returns to scale given the tariffs-induced capital accumulation.

[XM @XmEconomics]

@Milajoy Ken Paxton did not say a peep on the anti white male attacks by AR GOP. And while Brandon Gill called for an end to H-1B visas, Paxton is just as much pro H-1B immigration as Cornyn or Abbott. He is ok with the immigrant flood. Better than Talarico? Sure. Holy Grail? Farm from it

[XM @XmEconomics]

@ericadyork @GetRyback92 To state it plainly. Your macro analysis is incorrect. You are not accounting for labor supply response.

[XM @XmEconomics]

@TyKeynes They supply a sensible solution to the problem of interest rate and income levels determination. You are drowning-in-a glass-of-water in the silliest of ways.

[XM @XmEconomics]

@AuronMacintyre Ken Paxton did not say a peep on the anti white male attacks by AR GOP either. And he is just as much pro H-1B immigration as Cornyn or Abbott.