Semafor , an influential globalist media outlet founded by former BuzzFeed editor-in-chief Ben Smith and former Bloomberg chief executive Justin B. Smith, has suggested the “border crisis might be a boon for the economy ,” citing a former economist at Joe Biden’s White House.
Semafor’s Jordan Weissmann suggested it is “a bit like Biden ran an accidental experiment to test the economic impact of open borders – and it turned out better than anyone could have hoped,” citing post-pandemic economic growth.
However, while Ernie Tedeschi’s assessment of immigration figures post-pandemic “includ[ed] immigrants with both legal and non-legal status,” it made no mention of the southern border whatsoever.
Tedeschi also made almost no mention of the impact of immigration on economic growth per capita — that is, whether or not immigration makes individual Americans better off, instead of just increasing the size of the economy overall by increasing the number of people in […]
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