Countering a Graying America

By Ray Pinard | May 30, 2013

Here’s a thought provoking article published in Free Enterprise. How do you feel about immigration reform?

The Los Angeles Times wrote an editorial in support of comprehensive immigration reform that made an interesting point about U.S. demographic changes:

In fact, demographers such as Dowell Myers of USC’s Price School of Public Policy have repeatedly warned that the country is on the verge of an epic transition as baby boomers retire en masse and birthrates decline. A 2013 report by Myers suggests that in Southern California alone, “boomers are beginning to retire from the most productive period of their lives, creating enormous replacement needs in the workforce.” In other words, the U.S. needs immigrants to help cover the retirement costs of older Americans and to fuel economic growth.

UC-Davis economist, Giovanni Peri in a paper for the Brookings Institution in 2012 wrote about how immigrants have affected U.S. demographics in a positive manner:

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