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To: Ben Wa who wrote (51335)5/19/2000 6:31:00 PM
From: Benkea  Respond to of 99985
 
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To: Ben Wa who wrote (51335)5/19/2000 11:32:00 PM
From: Ken98  Read Replies (1) | Respond to of 99985
 
<<Japan's demographics are where the US will be (absent immigration) in 25 years.>>

But the very fact of net positive US immigration is, and will continue to be, a benefit to the US economy and makes our situation completely different from the Japanese.

Cheap labor migrating to the US has had a significant damping effect on US inflation. And immigrant labor is part of the entrepenurial engine that has driven this country in the last 150 years. If Japan wanted to jump-start their economy they would do likewise. At a minimum it would compensate for an ageing population and provide more dynamism to their economy.

If the US reverses its open immigration policy it will suffer a fate similar to Japan, IMO.

Regards, Ken.