Tuesday, August 17, 2010

Immigration Positive for US (unless we screw it up)

Per a WSJ article today, immigration puts the US in a better position than Europe and Japan.  Many of us have known that immigration is actually a positive thing, but unfortunately one has to get past the xenophobia, ignorance, and plain bigotry that is out there.

"And the U.S.? For all today's gloom, it may be in the sweet spot. A growing population, an openness to ambitious immigrants and trade (if not disrupted by xenophobic politics) and strong productivity growth (if sustained) could lift living standards and bring faster growth, which would reduce big government budget deficits far easier for the U.S. than for slower growing Europe and Japan."

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