Neel Kashkari on Immigration

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Last quote by Neel Kashkari on Immigration

Just going to math, if a big source of economic growth is population growth, and your population growth slows, either because you restrict immigration or because you have fewer babies, your economic growth is going to slow. Do we want economic growth, or not? That's what it comes down to. You can either accept slower growth; you can spend a lot of money to subsidize fertility – child care etc, very expensive – or you can embrace immigration. That's math. You guys have done a pretty good job of embracing immigration and that is a source of economic growth vibrancy.feedback
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Aug 07 2017
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