from National Review and Kevin Williamson, Don’t Count On the Growth Fairy
Native birth rates being what they are, this would seem to add up to a case for more immigration, something that neither the populists on the right nor those on the left are very friendly toward. We all know Donald Trump’s views on immigration, but consider that Bernie Sanders campaigned for president arguing that American billionaires are scheming to flood the United States with cheap immigrant labor to undermine the position of the working class. Of course, the reality is more complicated than such campaign crudities, inasmuch as it matters what kind of immigrants we are talking about: Indian oncologists aren’t South African entrepreneurs aren’t English journalists aren’t Mexican day laborers. Much of our current immigration debate is about the wrong question — How many? — rather than the right one: Who?
Is America full, or is America open for business? How we answer that question will mean a great deal more to our future prosperity than debates about presidential budget proposals.
You can not grow an economy by restricting your customer base.