Article Image
News Link • Economy - Economics USA

(What's Left Of) Our Economy: The Real 'Dreamer Fakeonomics'

• http://www.zerohedge.com, by Alan Tonelson

It holds that, whatever you think about the legality, propriety, or morality of ending its legalization process for the young and young-ish residents of the country who arrived as the children of illegal immigrants, the impact on the nation's growth, employment, and productivity would be disastrous.

Sadly – but not surprisingly – an examination of the data reveals this conclusion to be quintessential fakeonomics. 

Worse, these claims have been spread with techniques that have become all too typical in the nation's political, policy, and media circles – by endlessly and credulously repeating assertions that are based either on no solid data whatever, or on unusually weak data.

Enough examples could be cited to fill a book, so let's focus for now on one that's just appeared in America's leading newspaper (The New York Times) and by no less than a Nobel Prize-winning economist (columnist Paul M. Krugman).

Join us on our Social Networks:

 

Share this page with your friends on your favorite social network:


Free Talk Live