Friday, October 13, 2017

Outside the Box - Hoisington Quarterly Review and Outlook, Third Quarter 2017 - btbirkett@gmail.com - Gmail

Outside the Box - Hoisington Quarterly Review and Outlook, Third Quarter 2017 - btbirkett@gmail.com 



...What is this fetish about limiting immigration?”



I mean, let’s face it, you actually have to have workers working productively for the economy to grow; but oops, our fertility rate has dropped below replacement rate and we’re a decade away from becoming Europe and then Japan, demographically. One shining characteristic that sets the US apart from the rest of the world is that talented people want to come here, and we should be trying to figure out how to get more of them. The numbers of jobs and businesses that immigrants create in this society is huge and thoroughly documented. And while clamping down on immigration may be politically expedient, it is awful economics and terrible for future growth. And without growth, the United States does not stand a snowball’s chance in Hades of even remotely coming close to balancing its future budgets.- Gmail

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