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Comment by arcseco

>Adding people to the economy also tends to increase the aggregate demand for labor.

I agree, but the contention is the lag between growth in demand and new immigration. More people will consume more and increase aggregate demand, this we agree on. Most new immigrants don't add a lot to domestic consumption especially if they come from a background of relative poverty. So finding that balance is important.

Just to state, I am more for increasing immigration for people with advanced degrees, but when it comes to low skilled immigration I feel that as a nation we owe it to our poorest to look out for their interests as long as wages remain stagnant for their income strata.

parent arcseco 8 years ago

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