Human capital, demographics, economic growth, and immigrants

By Jay Weiner of the Federal Reserve Bank of Minneapolis 

Senior Vice President and Research Director of the Minneapolis Fed Mark Wright eloquently summed up data, dialogue, and differences:

“What’s clear to me is that, in the same way that immigration has played a very large role in shaping the history of this country, it is going to do so again in the future, one way or another,” Wright said. “The simple laws of demography and economics demand it.”

Then he added: “But what can’t get lost in purely thinking about the statistics, the spreadsheets, and the government budgets and how that’s affected by immigration, we also have to recognize that behind those statistics are the very real lives of many people, many families who are living in a great deal of uncertainty and great deal of difficulty right now.”

Continue reading…

About Radnor Reports

Ken Feltman is past-president of the International Association of Political Consultants and the American League of Lobbyists. He is retired chairman of Radnor Inc., an international political consulting and government relations firm in Washington, D.C. Know as a coalition builder, he has participated in election campaigns and legislative efforts in the United States and several other countries.
This entry was posted in Economics, Federal Reserve, government, Immigrants. Bookmark the permalink.