In 1970 one in 21 was foreign born in this country; today, it is less than one in 8, the highest in 105 years; and by 2023 it will be one in 7, the highest in our history. Immigrants and their children drive 80% of the population growth.
Civilian labor force participation : Percent or rate 16 years and over
Duh, you don't need a phd from Stanford or Harvard to see there is a relationship between the two graphs.
Thanks for a great and timely post.
The pet phrase with those of us from a business background is "what's the bottom line"? Using this approach, it completely avoids subjective opinion aka politics, but rather simply inquires as to effectiveness.
If the US was running small/nominal budget deficits (under $25b), we wouldn't even need to discuss employment rate, participation rate, etc, etc. By definition, every measure of the economy would be stellar.
But because we're closer to $1t annual deficits, and a $20t cumulative nat'l debt, from direct evidence and observation, we can categorically state that **all** current policies (immigration, trade deals, regulations, etc) are "bad".