Thursday, October 16, 2008

Growth is caused by what????

There's an activist in Jefferson County, Daniel Hayes, who has some interesting ideas about immigration. According to a story in today's Rocky Mountain News, Hayes believes that growth is caused by illegal immigrants building houses. I wonder if he's ever bothered to look at the statistics on residential construction companies in Colorado. Pulte Homes or Richmond American Homes may find it very interesting to learn that this man believes their companies are illegal immigrants. Of the 53 masonry subcontractor companies that are members of the Rocky Mountain Masonry Institute, only one is owned by an immigrant - and he's a legal immigrant from England.
More to the point, Hayes needs to look at the factors that go into growth, and examine thoroughly whether or not it should really be stopped. He might look at the current mortgage- credit-bailout situation. Stopping growth stops the economy - that's called a recession, if not a depression.

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