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[quote=Anonymous][quote=Anonymous]Actually, the demographics of southern and Eastern Europe (low birth rate, low immigration) exacerbates their fiscal problems.  Fewer people = fewer people to pay the debt.

As for the immigrants taking the jobs, there is not a fixed number of jobs. Labor can be substituted for capital.  The long-run unemployment rate is determined by structural factors like how high benefits are, how dynamic the economy is etc. If you are parenting right, your kids will note be competing with illegals for jobs.[/quote]

You are using logic instead of just calling names. I appreciate that at least.

I'll start by agreeing with you. The economy is not static and needs to expand in order to accommodate the influx of immigrants. The problem is that the vast majority of newcomers are the poorest of the poor from Mexico and Central America. When they come here, they drain system from education to healthcare to housing subsidies. They also vote for more social spending which is something we desperately need to curtail (along with other cuts) if we plan on not defaulting on our debt payments. They are also creating great slums in our cities such as Los Angeles. It's possible that our economy could expand and we could pull out of debt, but the outlook is very bad. The amnesty is certainly bad for those who have children graduating now.

I don't know what countries you are referring to, but Greece got into its problems due to overspending. Germany has an absolute implosion in its reproductive rate, and they are fiscally doing quite well. This is because the Germans chose responsible spending policies. Instead of getting into great debt like Greece (and the US) they kept within their means. Now, of course, everyone wants to take the money that they painstakingly earned and saved.

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