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The immigrants also pay taxes from today though. And have their own purchasing power for the private market. The issue is more NIMBY's preventing supply from m

• xienze 2y ago
  > The immigrants also pay taxes from today though. But do they also consume less in social services than they contribute in taxes? Everyone has this romantic picture in their head that the never ending waves of immigrants to western countries are all doctors, lawyers, and nuclear physicists. In the US we seem fixated on bringing in poor, uneducated Central Americans. In Europe it’s a lot of poor, uneducated Africans. Perhaps through sheer numbers the GDP goes up, but the net value is debatable. > The issue is more NIMBY's preventing supply Wow, imagine that. People who bought a nice single family home don’t want a thirty story low income housing project plopped down next to them. There’s plenty of room on the outskirts of any given town to build the hundreds of skyscrapers needed annually to house these people, why not do that instead of trying to jam it all in existing areas and pissing off people who didn’t sign up for it?
  • gadders 2y ago
    >>Perhaps through sheer numbers the GDP goes up, but the net value is debatable. GDP is going up, but GDP per capita is currently declining.