Immigration and Economy President Trump Policy Safe?
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Authors
Kim, Gew-rae
Issue Date
2017-03-24
Type
Presentation
Language
en_US
Keywords
Economics , Immigration , Trump
Alternative Title
Abstract
Economic growth can not come without appropriate population composition, because we can produce products using robots but robots do not consume product. Using more robots can increase production but not consumption. If there is less consumption, then there will be less production i.e. GDP. So population is an important factor for economic growth. President Trump’s recent remarks about US immigration policy cast a doubt about US economic growth, and this research suggests a change in immigration policy for economic growth. To achieve economic growth goal, US needs higher birth rate than now. Under the current socio-economic condition, high birth rate is not expected. So, healthy population composition through appropriate immigration policy is the only solution to achieve GDP growth goal.