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The Forum > Article Comments > Immigration budget 2011: the cost of overseas labour > Comments

Immigration budget 2011: the cost of overseas labour : Comments

By Jo Coghlan, published 31/5/2011

The cost of overseas labour in the 2011-12 federal budget is $1,171.3 million plus related costs.

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Rhian points out errors of calculation, but as Divergence points out, the argument has underlying merit. Compare this with the pop spruikers call for greater immigration to fix the alleged ageing catastrophe. Not only does the argument have serious flaws in its assumptions and estimations, but it also contradicts the basic mathematical concept of exponential growth.
Posted by Fester, Saturday, 4 June 2011 9:58:45 AM
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