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sundin13 on 13 July 2021
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Mr Puggsly said:
sundin13 said:

Population size doesn't decimate labor force participation though. If it did, we would have been fucked decades ago, because population is growing, and fast. Luckily, that didn't happen. Why? Because when people enter the country, they create jobs. What is holding back our current labor participation rate isn't immigrants, it is old people. Our population is aging and leaving the work force, so labor participation is decreasing. This creates negative effects for the economy like difficulty filling some jobs. Immigrants tend to be young and work at high rates, which improves the labor participation rate and helps mitigate the negative effects of an aging population. 

"Population size doesn't decimate labor force participation though." I didn't say it did.

"What is holding back our current labor participation rate isn't immigrants." I didn't say they were.

Using immigration for labor is a great idea, to an extent. But the open border solution comes with consequences.

Well luckily we don't have open borders?