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No immigration = low GDP growth

Discussion in 'Too Hot for Swamp Gas' started by l_boy, Jul 13, 2025 at 12:51 AM.

  1. l_boy

    l_boy 5500

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    https://www.washingtonpost.com/opinions/2025/07/08/immigrants-america-workforce/

    Stephen Moore is a giant douche but he is mostly right here.

    Declining immigration weighs on GDP growth, with little impact on inflation

    https://www.barrons.com/articles/migration-employment-growth-inflation-01fdab43

    Net immigration could be around zero in 2025. Boomers are retiring and the domestic workforce is declining. Population growth is below zero population growth. Expecting high GDP growth in such an environment is folly.
     
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  2. gatorrob87

    gatorrob87 GC Hall of Fame

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    Yeah but MAGA owns the liberals and Rump will tariff our way to prosperity like we did in the roaring twenties. Duh!
     
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  3. okeechobee

    okeechobee GC Hall of Fame

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    I’ll take threads that nobody gives a damn about for $100, Alex.
     
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  4. demosthenes

    demosthenes Premium Member

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    Nobody cares about the economy? Interesting take.
     
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  5. HeyItsMe

    HeyItsMe GC Hall of Fame

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    Only when Biden is in office.
     
  6. dangolegators

    dangolegators GC Hall of Fame

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    Tariffs and mass deportations: a good recipe for stagflation.
     
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  7. wgbgator

    wgbgator Premium Member

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    Its not the economy, stupid, its the racism, stupid

    [​IMG]
     
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  8. duggers_dad

    duggers_dad GC Hall of Fame

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    I’m not opposed to immigration, per se. I work for a European couple who immigrated legally. They jumped through all the hoops and at some expense to themselves. And I am confident that we contribute to the GDP.
     
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  9. gator_jo

    gator_jo GC Hall of Fame

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  10. l_boy

    l_boy 5500

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    Somebody actually disagreed that no population growth, or declining population will lead to lower GDP. Let’s like disagreeing that 1+1=2
     
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  11. saltydoggator

    saltydoggator Freshman

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    Just as public sentiment starts to shift ever so slightly on the issues surrounding immigration, the bankers ramp up their talking points on the horrors of a slowing or stable GDP. The continued enthusiasm to serve the banking and corporate class at all costs to your community and nation is discouraging.

    The Problem with GDP

    From the article, "In the 1960s Robert F. Kennedy commented that [GDP] measures ‘everything except that which makes life worthwhile’. ...

    "The problem with gross domestic product is the gross bit. There are no deductions involved: all economic activity is accounted as if it were of positive value. Social harm is added to, not subtracted from it. A train crash which generates £1bn worth of track repairs, medical bills and funeral costs is deemed by this measure as beneficial as an uninterrupted service which generates £1bn in sales. Cleaning up the 2010 oil spill in the Gulf of Mexico was ‘worth’ more to GDP economically than the carbon absorption provided by the Amazon rainforest. This highlights some of the faults of GDP, but it has become such a pervasive measure that societal happiness is equated to it."
     
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  12. BLING

    BLING GC Hall of Fame

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    Posts like this help me understand how nuts like Putin/Castro/Erdogan/ Kim/etc maintain power even with runaway inflation and broken/corrupt governments. No, GDP isn’t everything… but it is something. If things get measurably bad, we’ll see MAGA pivot to “FaKe NuMbErS, don’t trust the bankers!”. Although it’s not just bankers, a lot of these #’s are compiled by data scientists and academics. Authoritarians generally don’t like any “numbers” which put the regime in a bad light. That is true whether it’s GDP data, or climate change data, or Epstein files.

    I’m sure there are a plenty of people in those countries who must find “alternative” economic measures of happiness! 30% inflation and collapsing quality of life as measured by GDP will tend to do that. Yet they have plenty of flag wavers cheering it on, whatever “it” is.
     
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  13. wgbgator

    wgbgator Premium Member

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    As I've said before there are basically two factions in the GOP: The people who are there for the ethnic cleansing / culture war project and the business people for who racism and bigotry is just a side hobby, because they have real skin in the game financially. Its quite easy to see who is on what team when they start posting about how "GDP is overrated" or how much they don't mind paying more for stuff.