nsacpi
Expects Yuge Games
I think this is a big benefit of immigration that is not considered at all in the Cato study.There are certain thangs that I think this study should take into account but does not. For example, with a smaller population and economy, the federal interest burden gets larger (on a per capita basis and on a percentage of GDP basis). We are already in problematic territory when it comes to the national debt. But with a significantly smaller tax base, dynamic scoring should take into account that markets would factor in a larger probability of default (including de facto partial default via inflation).
As bad as federal finances look right now, they would look much worse with a smaller tax base.
Fiscal conservatives decry leaving our children with such a large national debt. The burden on them is a lot smaller if immigrants pick up part of the tab.
Another thang not considered at all is the extraordinary upward mobility of the children of immigrants. All the businesses they start.
