Question
The following arguments were made in a heated debate between two economists in a bar: A: You know, I really feel that wages these days
The following arguments were made in a heated debate between two economists in a bar:
A: You know, I really feel that wages these days are not growing as fast as they used to be.
B: I concur. I think that if anything, average wages have been receiving some push-back and is actually declining.
B: I wonder what the correlation coefficient is between wages and the recent influx of immigrant workers in the economy.
B: I am very certain that it is close to positive one!
A: According to this chart, the average wage of unskilled labor in the economy has declined by almost 15% in the past eight years.
B: Perhaps the government should re-evaluate its immigration policy, and if anything, impose a temporary ban on any further immigration.
A: That's a great way to protect our local economy. Cheers to that!
Discuss how well reasoned you find this argument. Point out any and all flaws in the argument's logic and analysze the argument's underlying assumptions. In addition, evaluate how supporting evidence is used and what evidence might counter the argument's conclusion. You may also discuss what additional evidence counld be presented to strenghten the argument or what changes you would make to obtain an argument that is more logically sound.
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