tag:blogger.com,1999:blog-1681061535544361219.post8491742979206092076..comments2023-10-30T03:24:43.479-07:00Comments on Open City and its Natural Enemies: Openness to Low Quality and Large Quantity of Immigration can Slow or Catastrophically Reverse Growth of ProductivityJohn S. Boltonhttp://www.blogger.com/profile/05502491478912356848noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1681061535544361219.post-71411185406024469602007-07-12T23:01:00.000-07:002007-07-12T23:01:00.000-07:00There has been progress with the libertarian eleme...There has been progress with the libertarian elements becoming more willing to consider the effect of quality of population, even in terms of immigration. Quoting from your link:<BR/>"If those gaps persist, the number of Americans age 26 to 64 who don't even have a high school degree could soar by 7 million, to 31 million, by 2020. Meanwhile, although the actual number of adults with at least a college degree would grow, their share of the workforce could fall by a percentage point, to 25.5%.......]" This is quite ominous for future productivity growth, and it's all from low quality of immigration.John S. Boltonhttps://www.blogger.com/profile/05502491478912356848noreply@blogger.comtag:blogger.com,1999:blog-1681061535544361219.post-87274837990489897152007-07-12T02:16:00.000-07:002007-07-12T02:16:00.000-07:00We're seeing effects in the popular uprising again...We're seeing effects in the popular uprising against amnesty, which has flabbergasted the political elites. No reasonably assumed rincrease in productivity can make up for mass immigration on to net public subsidy, since we have to use more labor to accomodate such a presence.John S. Boltonhttps://www.blogger.com/profile/05502491478912356848noreply@blogger.comtag:blogger.com,1999:blog-1681061535544361219.post-76583238438597017122007-07-11T21:07:00.000-07:002007-07-11T21:07:00.000-07:00This reminds me of a 2005 post at econlog with the...This reminds me of a 2005 post at econlog with the economist Robert Fogel's quote:<BR/>"ultimately, what the government can pay [in future Social Security benefits] depends on how the economy performs. If we continue to grow as we have in the neighborhood of 2 percent per annum per capita over the past 50 years, we won't have any difficulty paying for it either..."<BR/><BR/>Arnold Kling then says: "How fast is the economy growing? According to Fogel, faster than Congress can give away money to the elderly. That's fast!" <BR/>"http://econlog.econlib.org/archives/2005/12/robert_fogel_in.html<BR/><BR/>Ignored by Arnold (and Fogel apparently) is what will happen in the future when congress is giving money away to not only the elderly and our old underclass, but our enormous, rapidly growing new hispanic underclass as well. Me and Randall Parker tried to tell everyone what is really going to happen, to no avail of course.Unknownhttps://www.blogger.com/profile/06925492787078763459noreply@blogger.com