The Immigrant Dividend (Continued)

Public Finance · Labor · Taxes · Immigration · economy

A stabilizing force in an aging population. A net-positive line item in Social Security’s balance sheet. A long-term demographic boost that prevents the U.S. from going full Japan.

Of course, there are frictions—especially at the state level. Costs hit locally. Revenues flow up. That tension won’t vanish with one policy reform. But the data keeps pointing in the same direction.

Immigration—especially when regularized—isn’t just a humanitarian question. It’s an economic strategy. One that, if managed wisely, pays for itself. And then some.

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