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Supreme Court decision of the day


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https://www.forbes.com/sites/stuartanderson/2020/01/28/supreme-court-approves-most-consequential-economic-policy-of-trump-era/#3d1d1aa84f86

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On January 27, 2020, the U.S. Supreme Court approved an order to allow the Trump administration to proceed with the public charge rule. It is likely the administration’s most consequential economic policy. Estimates indicate the administration’s public charge rule will reduce legal immigration to the United States by hundreds of thousands of people a year. Given how much this will lower labor force growth in America, the public charge rule will likely have a more negative impact on future economic growth than anything positive the Trump administration has done or probably could do in the coming years.

While it is reasonable to be concerned about any group, whether immigrants or natives, using excessive welfare benefits, that is not the purpose of the public charge rule. Immigrants are already ineligible for major federal public benefits during at least their first five years in the United States, and the regulation does not add to those restrictions. Instead, the purpose is to make foreign nationals ineligible to immigrate by granting federal officials enormous discretion to deny them green cards. ...

Over time, the impact of hundreds of thousands of fewer immigrants per year would have a significant negative cumulative effect on the U.S. economy and America’s ability to deal with its aging population. As labor economist Mark Regets, a senior fellow at the National Foundation for American Policy, puts it: “You can’t change the labor force by millions of people and have it not be consequential.”

 

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7 minutes ago, Taylor said:

This is assuming that they are actively going to prevent as many people as possible from immigrating. That fits the narrative that people want to believe they will do but that may not be the case. I guess we will see in a few years if it is. Everytime I get on the freeway I never think about how we need an increase in population. 

Edited by Jason
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