The Biden Economy

[bobabode]

Originally Posted by piece-itpete

Or maybe a Perot, complete with charts and a pointer.

Libertarians give me hives. They're bums and grifters.

[piece-itpete]

He did get the national debt on the voters radar at least.

He did have some... interesting... allies though!

My big problem with Libertarians is, they hold the government can't tell anyone what to do, IE 'we' collectively can't make our own group decisions, all the way down to the local level.

[donquixote99]

My big problem with libertarians is they are all rights and no duty. All duty and no rights is totalitarianism, of course. It's one of those areas where you want balance, and you always have to be fussing to try to get it.

[Pio1980]

The basic libertarian tenet is elimination of accountability for golden rulers and their enablers.
Welcome to authoritarian fascism.

[Chicks]

Increased immigration could help fix the U.S. labor gap: Goldman Sachs
https://finance.yahoo.com/news/immig...185635183.html

Today's GOP is SO far removed from reality now. Imagine them throwing their support behind Goldman's analysis on this one! Not gonna happen...

[whell]

Originally Posted by Chicks

Increased immigration could help fix the U.S. labor gap: Goldman Sachs
https://finance.yahoo.com/news/immig...185635183.html

Today's GOP is SO far removed from reality now. Imagine them throwing their support behind Goldman's analysis on this one! Not gonna happen...

Two things:

One, your article clearly states that immigration policy is not the primary driver of the labor shortage. The main driver is a consistent, multi year decline in labor force participation rate, specifically among 25-54 year old males. Fix that and you'll close the labor gap big time. in fact, there's a case to be made that increased immigration could further erode the labor participation rate.

Two, legal immigration? All for it. Always have been. My grandparents on both sides were immigrants...legal immigrants. Supporter of legal immigration? Not so much...

[Chicks]

How Immigrants Make America Great Again (and Again and Again)
A new book documents that newcomers revitalize beliefs in hard work, property rights, and the rule of law.
https://reason.com/video/2020/12/21/...ain-and-again/

From those dang "liberals" at the Cato institute, lol.

Do immigrants bring with them the worst attributes of the countries they left behind?

The fear that they do motivates populists, nationalists, and even some free market economists, such as Harvard University's George Borjas, the University of Oxford's Paul Collier, and George Mason University's Garett Jones, who speculate that mass immigration from countries with illiberal traditions will undermine Western culture.

In their new book, Wretched Refuse?: The Political Economy of Immigration and Institutions, the Cato Institute's Alex Nowrasteh and Texas Tech University's Benjamin Powell take an exhaustive look at the data and find that destination countries not only benefit economically from immigration but that key markers of liberal democracy—such as support for the rule of law and limited government, belief in private property rights, and trust in government—improve when newcomers arrive en masse.

[finnbow]

Originally Posted by Chicks

...(D)estination countries not only benefit economically from immigration but that key markers of liberal democracy—such as support for the rule of law and limited government, belief in private property rights, and trust in government—improve when newcomers arrive en masse.

And conversely, those who strongly oppose immigration also oppose liberal democracy in favor of autocracy. Indeed, their hero, Victor Orban of Hungary, refers to his ideology as "illiberal democracy."

[Chicks]

Strict U.S. Immigration Laws Leave Migrants Dependent on Human Smugglers
Human smugglers at Mexican border won’t be sought after if migrants can come to the U.S. legally.
https://reason.com/2022/05/24/strict...man-smugglers/

There is one way to make human smuggling drop significantly or even largely disappear—allow those who now pay smugglers instead to obtain a legal visa to work in the United States. Apprehensions at the border dropped 95 percent between 1953 to 1959 when the Immigration and Naturalization Service liberalized the entry of Mexican farmworkers via the Bracero program. Today, establishing a new work visa with sufficient annual allocations, expanding the H-2B visa category, and negotiating bilateral agreements between the United States and Mexico, as well as countries in Central America, would increase legal avenues to work and eliminate the need for individuals to pay smugglers.

Expanding opportunities for individuals to apply for protection in their home countries—via refugee interviews at consulates and circuit rides—would also make it less likely for people to pay smugglers to reach the United States. Migrants should be able to apply for refugee status from their home country. That way they don't resort to human smugglers just to be denied refugee status at the border. And, in that case, an opportunity to obtain a work visa at a consulate and travel legally to the U.S. would be a good alternative for many individuals and their families.

Human smugglers would be happy to see the U.S. keep the same immigration policies that have allowed their business to flourish over the last 50 years. Making legal immigration an easier avenue will create a safer alternative for migrants.

Sadly, racists of the type Whell and his pals support will never allow common sense solutions like this. F'ing MAGAMorons!

[finnbow]

Originally Posted by whell

No. This is more of a "depends how you measure it" item.

https://www.thebalance.com/us-debt-b...t-by-president

Todays CBO report projects that the deficit this year will fall by $1.7 trillion—the single largest nominal reduction in the federal deficit in American history.