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The Truth About Our Economy – Kotlikoff 2016 for President

Sounds reasonable. However, criticizing immigration for exacerbating a population explosion is oversimplistic. Of course, it is better to create a global economy where transportation costs are insignicant, with insignificant trade costs (including tariffs and non-tariff barriers), so that wages can be equalised, and workers do not need to move around so much. However, until we get to that point, wealthier nations need to assist poorer nations to bridge the gap in wealth inequality. The same applies for bridging the gap in wealth inequality within nations. It may be better and more economical to raise people’s livings standards where they currently are, rather than relocate them.

The Truth About Our Economy Here are some distressing facts that need to change immediately. Understanding them and how they interrelate is step one to changing them. Wages Average weekly take-home…

Source: The Truth About Our Economy – Kotlikoff 2016 for President

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