Row 27360

Row ID: 27360 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 27360 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

It works for the United States because we have the strongest inflow of capital in the world. More labor plus more capital = enough GDP growth to match or exceed the population growth.

The UK does not have this same advantage. Foreigners are comparatively hesitant to move their capital to the UK, and many Britons themselves repatriate their capital to conceal it from UK tax collectors. Yet immigrants still want to live and work in the UK. So like Canada, in this relatively low-investment environment, the result is a decline in GDP per capita.

This isn’t about immigration, broadly. Allowing a lot of immigrants into a country with scarce investment is a bad idea. The question is how to deal with it: try to boost investment, or try to limit immigration? I’d argue the latter is a much riskier strategy, as it would leave the nation with a declining population and no increase in investment.

FieldValue
text It works for the United States because we have the strongest inflow of capital in the world. More labor plus more capital = enough GDP growth to match or exceed the population growth. The UK does not have this same advantage. Foreigners are comparatively hesitant to move their capital to the UK, and many Britons themselves repatriate their capital to conceal it from UK tax collectors. Yet immigrants still want to live and work in the UK. So like Canada, in this relatively low-investment environ…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-21
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Raw Record

{
  "text": "It works for the United States because we have the strongest inflow of capital in the world. More labor plus more capital = enough GDP growth to match or exceed the population growth.\n\nThe UK does not have this same advantage. Foreigners are comparatively hesitant to move their capital to the UK, and many Britons themselves repatriate their capital to conceal it from UK tax collectors. Yet immigrants still want to live and work in the UK. So like Canada, in this relatively low-investment environment, the result is a decline in GDP per capita. \n\nThis isn’t about immigration, broadly. Allowing a lot of immigrants into a country with scarce investment is a bad idea. The question is how to deal with it: try to boost investment, or try to limit immigration? I’d argue the latter is a much riskier strategy, as it would leave the nation with a declining population and no increase in investment.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-21",
  "username_encoded": "Z0FBQUFBQm5Lak1FSVhldmVIQk9iZlhPY2VPMHFkRWpwZFJkMDlCNDVRX01tLWdYNWpvUnZ3MHY4b1VpOGVfclRhWHZ6Y2lmMEtIVWRtZDFXdi1JU0x2WXZJVXVLbWhyZWc9PQ==",
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}
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