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2024

Is too much immigration good for investors?

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In June I stumbled upon a quirky piece on Bloomberg Businessweek (https://bloomberg.com/news/articles/2024-06-03/an-american-economic-puzzle-was-solved-bybudget-geeks), written by Enda Curran and Augusta Soraiva. It summarised a paper by the US Congressional Budget Office (CBO), a think tank camouflaging as a state agency helping Congress to evaluate the varied, often unintended impacts of budgetary policy measures.It answers questions parliamentarians throw...