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Yellen: Slowing immigration would slow

Posted on 2/14/17 at 11:18 am
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 2/14/17 at 11:18 am
Economic growth

Anyone believe that or have a reason behind that logic?
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 2/14/17 at 11:19 am to
Someone's got to pick them crops.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37593 posts
Posted on 2/14/17 at 11:19 am to
Those chickens ain't gonna pluck themselves
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 2/14/17 at 11:20 am to
quote:

Someone's got to pick them crops.


And clean the toilets. Just like Kelly Osborn said.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 2/14/17 at 11:20 am to
Hahahaha
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89481 posts
Posted on 2/14/17 at 11:20 am to
Slowing illegal immigration is the absolutely correct thing to do.

Saying there are good results from a bad thing is like saying, "Well, a rising murder rate means fewer mouths to feed."

Meaningless rhetoric.
This post was edited on 2/14/17 at 11:21 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69251 posts
Posted on 2/14/17 at 11:20 am to
Depends on which type of immigrant.
Posted by Adam Banks
District 5
Member since Sep 2009
31797 posts
Posted on 2/14/17 at 11:20 am to
I dont necessarily disagree with that because there is a segment of Americans receiving aid that have no motivation to forgo the comfort of an air conditioned home for marginally higher income than the federal check.

That still isnt a reason to not reform immigration
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54202 posts
Posted on 2/14/17 at 11:21 am to
quote:

Those chickens ain't gonna pluck themselves


Try again. We have machines that take care of that.
Posted by roadGator
Member since Feb 2009
139782 posts
Posted on 2/14/17 at 11:21 am to
I can see the logic in her statement. However, what's the tipping point where we no longer have the resources (water mainly) and infrastructure to support immigration in large numbers?

America is destined to be one giant strip mall from coast to coast eventually.
Posted by Lsuchs
Member since Apr 2013
8073 posts
Posted on 2/14/17 at 11:21 am to
If the native US population is not growing then yes less hands exchanging money in the future would lead to slower economic growth I believe. I don't know the US birth rates off the top of my head though.

I think this was the reason some European countries (like France) opened their borders a decades or two ago.

France
quote:

According to INSEE, since 2004, 200,000 immigrants entered annually into the country. One out of two was born in Europe and one in three in Africa. Between 2009 and 2012, the number of Europeans entering France increased sharply (+ 12% per year on average).

[4] The national birth rate, after dropping for a time, began to rebound in the 1990s and currently the country's fertility rate is close to the replacement level. According to a 2006 INSEE study, "The natural increase is close to 300,000 people, a level that has not been reached in more than thirty years."[5]


Looks like France is only at "replacement level" right now as far as the birth rate.





Impact of Japan's shrinking population
quote:

People over 65 and above are predicted to make up 40 percent of the total Japanese population by 2060. The recent figures are reason for concern for policymakers who seek to ensure that a dwindling pool of workers can support a growing number of pensioners.






LINK
quote:

There is no question but that the populations of most European countries will decline in the next generation, and in the cases of Germany and Russia, the decline will be dramatic
quote:

There are those who foresee economic disaster in this process. As someone who was raised in a world that saw the population explosion as leading to economic disaster, I would think that the end of the population boom would be greeted with celebration. But the argument is that the contraction of the population, particularly during the transitional period before the older generations die off, will leave a relatively small number of workers supporting a very large group of retirees, particularly as life expectancy in advanced industrial countries increases. In addition, the debts incurred by the older generation would be left to the smaller, younger generation to pay off. Given this, the expectation is major economic dislocation. In addition, there is the view that a country's political power will contract with the population, based on the assumption that the military force that could be deployed — and paid for — with a smaller population would contract





TLDR:
-European populations are declining, as is the white US population
-"The effects of a declining population can be adverse for an economy which has borrowed extensively for repayment by younger generations"
-countries combat declining populations through immigration
This post was edited on 2/14/17 at 12:02 pm
Posted by funnystuff
Member since Nov 2012
8323 posts
Posted on 2/14/17 at 11:22 am to
A huge number of tech workers are hear on H1B visas as a pathway to full citizenship. Slowing immigration of those population pools would unquestionably slow growth given the importance of the tech sector.

But if we could slow illegal immigration, there would probably be a minimal effect
Posted by KeyserSoze999
Member since Dec 2009
10608 posts
Posted on 2/14/17 at 11:22 am to
quote:

which type of immigrant.


They seem to lump illegal and legal together these days, for some reason
This post was edited on 2/14/17 at 11:24 am
Posted by TheRodFather
Member since Sep 2014
619 posts
Posted on 2/14/17 at 11:23 am to
It's nonsense. There is nothing they have to offer that existing Americans can't do.

One minute they are saying, "Sorry you dumb hicks, low skilled jobs are gone forever and everything else will be replaced with automation" then the next they say, "Our economy will collapse without paco's low-skilled labor!"
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 2/14/17 at 11:23 am to
My guess is hes strictly going by less people = less spending. IMO slowing immigration means more jobs to citizens which means more money staying in the country and more money being invested in training the citizens.
Posted by MSMHater
Houston
Member since Oct 2008
22774 posts
Posted on 2/14/17 at 11:24 am to
quote:

Anyone believe that or have a reason behind that logic?


Sure. Cheap labor increases production which enhances growth.

But the "growth" enhances income for corporate and low-skilled labor at the expense of the countries voting middle class. Those voters seemed to indicate they would prefer to realize some of the growth themselves, instead of it passing them by.

Pretty rational, IMO.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51484 posts
Posted on 2/14/17 at 11:25 am to
quote:

Yellen: Slowing immigration would slow Economic growth


Immigration or illegal immigration? A lot of DC types use "immigration" to mean "illegal immigration" so it's an important distinction to make.
This post was edited on 2/14/17 at 11:27 am
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 2/14/17 at 11:26 am to
What exactly did she say? Link?

But in the meantime, can you not think of a way that reducing the rate of immigration (especially the legal kind) could slow the growth of our national output?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30543 posts
Posted on 2/14/17 at 11:27 am to
Click bait title, plz fix
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
54202 posts
Posted on 2/14/17 at 11:28 am to
quote:

A huge number of tech workers are hear on H1B visas as a pathway to full citizenship. Slowing immigration of those population pools would unquestionably slow growth given the importance of the tech sector.



Isn't the main reason for that though is the H1B people come over here because they work cheaper than Americans would? I think the job force is sufficient here in the states, the tech companies just don't want to hire them for that reason.
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