Replies to post #46202 on Zeev's Turnips Patch-No Politics (ZEEV)

[Will Lyons]

Abbott and Costello seem to forget that no man is an island and that if we have saved up we can use the proceeds to import and thus give a boost to the world economy, etc...

[jdaasoc]

One factor which could totally alter this scenario is that we
dramatically increase immigration. A selective and aggressive
immigration policy could make a big difference. But it would have to
be at a level much larger than today's one million or so immigrants.
The paper suggests that at the height of Boomer retirement, we would
need 4,000,000 immigrants per year.

Right now, that is politically impossible. But in 15 or 20 years I can
imagine a set of circumstances which would favor more open
immigration.

I hope Mauldin gets a very self rightous Jamacian health care aide with a very cold bed pan when he goes into nursing home who doesn't care about his ideas of selective immigration policies.

Economy has to grow at 3-4% with little inflation to get stocks moving. A propersous economy and the immense freedoms in our country has been lure to immigrants to this country for decades. He sounds like southern that doesn't like forigners. I guess Rice University is not a top pick for up and coming generation of recent Hispanic and Asian immigrant childern who parents just want them to have better life.

This clown states the answer to reducing the cost of living in expensive gated communities in retirement in US is to move to more heavily gated communties in third world countries. Keep listening to guy. He seems like he will reassure you about any bad investments and adjustment tyo life styles.