Comments: Tax Day Coffee Smelling

Mmmm coffee.

Bastiat talks about "the seen and the unseen." With all due respect, you -- and my brother in law -- and a lot of other people whom I highly respect -- love to point to a datum in the "seen" category and say "See?"

Lower income households provide less revenue and use more government services. Who is surprised? Those without a diploma will earn less than those with; illegal immigrants tend to be less educated than native born citizens, yup.

I contend, still, that the "unseen" value that these workers and consumers bring to the economy more than compensates for the increased use of public services. The educated in your table are able to earn what they do, in large part, because there is a less educated work force (stop him before he says "comparative advantage" -- too late!).

To allow the educated (or ambitious dropouts like me and AlexC) to get ahead and innovate frequently requires allowing them to leverage less-educated labor. As Ricardo showed, both will be wealthier.

Posted by jk at April 15, 2007 2:06 PM