But GDP keeps going up despite Medina saying this is mathematically impossible. How can this be true?
Oh my goodness, we may have finally discovered the underlying error that explains all the nonsense you spew on immigration.
Medina never said GDP would shrink, it obviously grows but you apparently don't understand numbers so let me explain it to you:
Suppose you have a City that has 1,000 households that each make $100,000 (each or average it doesn't really matter). Your city GDP is simple:
- $100,000*1,000 = $100,000,000
So now your city is blessed (LoL) with 200 immigrant households who each make $20,000 (again each or average it doesn't matter). Your city GDP is higher:
- $100,000*1,000 = $100,000,000
- PLUS $20,000*200 = $4,000,000
- Total $104,000,000
So your city GDP has grown by 4% from $100,000,000 to $104,000,000.
The problem that you either don't see or conveniently ignore is that while your GDP grew by 4% your population grew by 20% so your GDP per-capita shrunk:
- Prior GDP per household was $100,000 ($100,000,000/1,000)
- New GDP per household is $86,667 ($104,000,000/1,200)
Your GDP grew by 4% but your per-household GDP shrunk by a staggering 13.33%.
The ability of the city to provide services for citizens has dropped by more than 13%. Yay immigration!
This problem is made infinitely worse if your city (like our federal government) was ALREADY deficit spending. As I've mentioned before, SS is already a fiscal loser for the government so adding even an average participant makes the hole bigger. Adding sub-average participants is a catastrophe. Medicare is actually a bigger fiscal loser for the government than SS so there again, adding even average participants makes the hole bigger. Adding sub-average participants is a catastrophe.