Many rich-country governments are heavily in debt. Some are on the verge of default; for others it’s a matter of time. One trivially simple way to lower the burden of national debts is to let in a lot of immigrants. Since the amount that the government owes does not vary with population, debt per capita and debt/GDP would decrease.
Immigration as fiscal externality
Immigration as fiscal externality
Immigration as fiscal externality
Many rich-country governments are heavily in debt. Some are on the verge of default; for others it’s a matter of time. One trivially simple way to lower the burden of national debts is to let in a lot of immigrants. Since the amount that the government owes does not vary with population, debt per capita and debt/GDP would decrease.