Impact of Cheap Labor on Innovation and Productivity
Vice President JD Vance criticizes the reliance on cheap labor, citing negative impacts on innovation, productivity, civic solidarity, and national strength. He advocates for American innovation and investment in local businesses and workers. The article discusses how migration policies have affected productivity and innovation, with a focus on the negative consequences of importing cheap labor. Examples from various countries are provided to support the argument against cheap labor. Business leaders and experts weigh in on the economic implications of migration policies on productivity and innovation.