"Rattner acknowledges that a cause of the erosion of wages at the bottom is the increased supply of unskilled immigrant workers. ("At the least, immigration certainly puts further pressure on wages of lower-income workers whose jobs the new arrivals compete for.") But he doesn't dare draw the logical conclusion--that maybe immigration should be controlled in order to raise incomes at the lower end of the labor market. That wouldn't be Democratically Correct and might inhibit Rattner's chances to one day ... I don't know, be Treasury secretary. (HT Glenn)"