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To: LS

In all honesty, the POPULATION in Europe has been declining since 1970, while we have been importing workers like mad.


14 posted on 11/26/2004 6:34:06 AM PST by dangus
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To: dangus
True. But a growing economy will bring in workers---even with all their net immigration in Europe, they still are not creating net new jobs.

China is another interesting case: they are creating net new jobs, but totally out of labor factor inputs, not out of productivity. So they are adding "more hands to the wheel," but not creating better wheels.

15 posted on 11/26/2004 8:03:53 AM PST by LS
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