Hacker News
Immigrants Reduced US Deficits by $14.5T Since 1994
neilwilson
|next
[-]
The government’s red ink is our black ink. The trouble is “safe savings” doesn’t have the same air of doom about it.
hasidim
|next
|previous
[-]
hshdhdhj4444
|root
|parent
[-]
However, pointing to a different country that achieved success with “eugenic” immigration (it’s not even clear what you mean given that Singapore has had very high immigration but for the sake of argument let’s assume it’s the opposite of whatever the study here found) does not invalidate or disprove that the U.S. deficit reduced due to U.S. immigration.
It’s the kind of logical fallacy one would hope a 4 year old would grow out of, and yet…
blockmarker
|next
|previous
[-]
dismalaf
|next
|previous
[-]
We're essentially offloading the cost of raising people from childhood and much of their education to get fully grown workers who will accept lower wages. This in turn becomes a Ponzi scheme that no doubt has economic benefits but is also unsustainable without ever increasing immigration and does produce negative externalities (inflationary plus social disarray).
Also, even if we are on board with this reverse colonialism, are all immigrants contributing to the same degree? Surely the benefits could be maximized...