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by sfnhltb
6078 days ago
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Except for every immigrant that comes in taking a job, they also come with an indivisible consumer unit that makes other people jobs. Strangely almost always in an average $1:1 ratio. This probably explains things like why the population of the US roughly trebled over the last 100 years and yet unemployment didn't rise to 66%+ of the working population during that time. |
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There is no proof that immigrants spend nearly all the money they earn. In fact, I would argue that they are frequently more frugal so the money is locked away from the economy.
And I would also not attribute immigrants as the main factor to why unemployment did not rise to 66%. The main reasons that the number of jobs grew rapidly can be attributed to the auto and computer industry.