Want jobs? Encourage immigration

The entire of human history has thus far been fueled by population growth. When there were 10 million of us, this wasn't a problem. When there were 100 million of us, this wasn't a problem. When there were 1 billion of us, it was mostly not a problem. Now as we zero in on 10 billion... it's becoming a problem.

The way our society and our economy works should in so many ways tell you this is true. Look at the urban decay that occurred in many American cities in the 20th century.

Urban decay post-WW2 was fuelled by the interstate system, the cheapening cost of owning a car and that it was cheaper to build new communities than it was to maintain existing infrastructure.

Some cities experienced negative population growth with devastating consequences (eg Detroit, Baltimore). Certainly in Detroit's case, there are large swathes of the city that really need to be returned to wilderness. But who's going to pay for the demolition, relocation and clean up?

The Western world is essentially dying with net migration being pretty much the only reason any Western country is growing at all. The social experiments of the early 20th century (ie state-funded retirement) are, at present rates, ultimately unsustainable when we get down to 3 or even 2 employed people pre retired person (initially it was in excess of 50 to 1 at least for Social Security).

An aging population is a natural consequence of slowing population growth, just like urban decay is. So far we've largely shown ourselves at being ill-equipped at dealing with either, except for politicking around migration, which basically just kicks that can further down the street.

It is my opinion that there need to be an awful lot less of us and there will be one day, one way or the other. As much as people point to space as a solution to these problems we have an economy built in basically digging not-that-deep holes for our metals. While there are metal-rich asteroids out there, the cost of moving, processing and using those materials is so many orders of magnitude more expensive (both realistically and conceivably) that I have to wonder if it will ever be comparable (although it might one day be viable just because every other way has become so expensive, which will be an earth-shattering adjustment for us all).

So migration is, I believe, a short term fix. But it doesn't address what I believe to be a key driver in unemployment: we're slowly automating our way out of the most unskilled jobs (and increasingly skilled jobs too). That too will be a challenge.

From personal experience, everything is wrong with this H-1B visa (slavery to employer) and even with proposed Startup/ Entrepreneur Visa which again promotes slavery to "someone."

If US is serious, they should allow 5 year unrestricted visa to all foreign graduates from US universities (no government benefits during this period). With this visa, these graduates can either work for anyone or start business. The exit from this visa to green card should be based on specific number of people employed or revenue earned or income earned.

Keep it simple.

There's an economic fallacy at place here. Jobs, in and of themselves, do not benefit us on the whole. You could give some number of people a "job" to walk around in circles all day long and pay them money for it, but the net effect would be that society sees no benefit from this. Productive jobs, however, are good things. There is a conflict, though: the more productive your job is, the fewer employees are necessary - actually resulting in fewer jobs.

Hopefully you have witnessed this first-hand over the last few decades. Travel agencies have been replaced by Priceline, Expedia, etc. Tax specialists have been replaced by TurboTax, TaxAct, etc. Even simple legal matters can be handled by LegalZoom and the like, reducing the need for lawyers. All manufactured media products (books, news, movies, music, games) are now transferred digitally, which eliminates the need for factory workers to produce physical products. Online banking eliminates the need for bank tellers. Countless other examples.

Essentially, technology kills jobs. We develop software and devices to handle what was traditionally done by people, and sell the services at a much cheaper rate because we don't have to pay for all the overhead that old services once required. This is a good thing, however.

Anyway, I'm all for immigration, and I'm all for tech companies. But the fact is they destroy jobs more than they create them, and are therefore partially responsible for the current unemployment rate. The logic behind this article is all backwards because of this.