Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

· · 来源:data资讯

This sounds reasonable until you see how easily it goes wrong:

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Machines. And with that, IBM's glory days in ATMs came crashing to the ground.