Veronique De Rugy: The Simple Solution to the Coming Demographic Challenge


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Immigration is the answer to America's dwindling workforce and other demographic problems, argues David Brooks in the New York Times.

"A far better priority would be immigration reform that lets more people in alongside regulatory reforms to boost housing, energy, and food production," Brooks writes.

"Government policies like universal and generous child tax credits, subsidized childcare, federal paid leave or 'baby bonuses'known for creating disincentives to work without much impact on fertilityare also expensive.

That, in turn, increases the likelihood of future tax hikes."

Brooks calls for "market-friendly policies" like deregulating energy, zoning, and land use, as well as freeing capital to finance private-sector innovation, among other things.

"We leave this growth to immigrants, who tend to have more kids than do native-born Americans," he writes.

"Restrictionist immigration policies would reverse this trend while expansionist policies would make everything easier for us."

Click for Brooks' full column.

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