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by ianai 2463 days ago
There’s an argument for open borders. Immigration grows markets directly. Especially when population growth is negative as it is. The push against immigration isn’t rooted in economic reasonings.

Where I see a lack is in jobs and job growth. But jobs will definitely be created in response to the demand created by new people. Immigrants are even better than population growth through having babies because immigrants come from a distribution of ages. So demand growth isn’t concentrated at things babies want but closer to what all people want.

Edit-this is particularly helpful to grow the social security revenue.