Dreamers- Liars and Bad Economics – by Paul Krugman

Inconvenient News .Wordpress.com

“But in any case, adding “and besides, they’re stealing our jobs” undercuts the whole pretense.

Furthermore, the claim was, as I said, junk economics. The idea that there are a fixed number of jobs, so that if a foreign-born worker takes a job he or she takes it away from a native-born worker, is completely at odds with everything we know about how the economy works. Hearing it from a conservative is especially surreal.

The truth is that letting the Dreamers work legally helps the U.S. economy; pushing them out or into the shadows is bad for everyone except racists.

To understand why, you need to realize that America, like other advanced economies, is facing a double-barreled demographic challenge thanks to declining fertility.

On one side, an aging population means fewer workers paying taxes to support Social Security and Medicare. Demography is the main reason long-run forecasts suggest problems for…

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About David Lindsay Jr

David Lindsay is the author of "The Tay Son Rebellion, Historical Fiction of Eighteenth- Century Vietnam," that covers a bloody civil war from 1770 to 1802. It was published by Footmad and Cherry Blossom Press on September 11, 2017. Find more about it at TheTaySonRebellion.com, also known as, DavidLindsayJr.com.
This entry was posted in Bullies and Scoundrels, David Lindsay, Japan, Paul Krugman, Politics and Economics. Bookmark the permalink.

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