“The first is the most bleak: the lazy immigrant who is unemployed and is living on social security. From a perspective of fairness, this is certainly unacceptable and typically frowned upon. But from an economic perspective, this kind of welfare immigration amounts to a stimulus package! His government checks turn into demand for the local economy, creating new jobs without taking existing ones.”
This is called the broken windows fallacy. This person isn’t a boom for the local area he costs them in taxes and inflation through borrowing. If he didn’t exist the community would have more capital to invest in productive enterprise. Very basic stuff.
“The first is the most bleak: the lazy immigrant who is unemployed and is living on social security. From a perspective of fairness, this is certainly unacceptable and typically frowned upon. But from an economic perspective, this kind of welfare immigration amounts to a stimulus package! His government checks turn into demand for the local economy, creating new jobs without taking existing ones.”
This is called the broken windows fallacy. This person isn’t a boom for the local area he costs them in taxes and inflation through borrowing. If he didn’t exist the community would have more capital to invest in productive enterprise. Very basic stuff.