Cheap Labor

“Our government allowed millions of people here, and the Republicans did this specifically in order to get cheap labor.”

“I think the second is that cheap labor is fundamentally a crutch, and it's a crutch that inhibits innovation. I might even say that it's a drug that too many American firms got addicted to. Now, if you can make a product more cheaply, it's far too easy to do t…”

“And I'd say that if you look in nearly every country from Canada to the UK that imported large amounts of cheap labor, you've seen productivity stagnate. And I don't think that's not a total happenstance. I think that the connection is very direct.”

“The natural implication of this is that basically the more cheap labor you get, the less incentive there is for labor-saving innovation, for entrepreneurs and technologists to invest in labor-saving innovation.”