Can immigration save the U.S. from its birthrate crisis?

Can immigration save the U.S. from its birthrate crisis?

The primary asset of any society is its people. That’s true in the lofty spiritual sense and in the crass financial one: Other people produce both the economic goods and the tax revenue that sustain the nation.

Like any other asset, this one needs to be replenished by continual reinvestment. A society that stops replacing itself is like a trust-fund kid dipping into the capital. The accounts empty at an accelerating pace, and a bill eventually comes due that cannot be paid.

Details