More from Kaplan: Would be wise to ease up on monetary policy gas pedal

• He's not predicting a rate hike at any particular meeting
• Would be prudent to raise rates sooner rather than later
• Immigration not necessarily having an negative impact on US wages
• Immigrants fill jobs that would not otherwise be filled by domestic workers

Those last two bullets are a tired argument. Of course you could find people to fill those jobs, if you paid more.