Deep and Lasting Damage

Individual 1 ' s tantrum over his inane border wall has real consequences.It will cause substantial economic damage in the short run, and further damage the legitimacy and reputation of the federal government in the long run. The latter, I suppose, is a feature, not a bug, for many conservatives.The political discourse about immigration is very much about cultural resentment vs. inclusiveness and compassion. It isn ' t very much about facts. The Balance is a web site that offers financial advise, but it covers issues of economic importance with accessible fact sheets.Their discussion of immigration seems to me pretty well balanced, in other words they earn their name here, although I do have a couple of quibbles.The first important fact that seems to get lost is that immigration has a substantial net benefit to the U.S. economy. This is partly because immigrants tend to be entrepreneurial, and because we admit quite a few people with high level technical skills. It ' s also because we face a structural problem with our aging population, and the fertility rate is not high enough to replace retirees in the labor force and pay for future Social Security and Medicare benefits. In other words, we really need the workers. Undocumented workers are actually a bonus because many of them pay social security and income taxes but aren ' t eligible to receive Medicare or Social Security.Many politicians claim, and many people believe, that people enter the U.S. illegally in order to colle...
Source: Stayin' Alive - Category: American Health Source Type: blogs