If they all came to the US it would definitely help the housing problem...and that would help a lot of other businesses.
The only question is whether or not the jobs would keep up.
Considering we're already @ a 9% UE rate it'd be a miracle if enough jobs were created to keep everybody busy.
More than likely there would be a short term boom followed by a large unemployment rate & subsequent bust as everybody REALLY runs out of money and
our financial system locks up...
We're up to our eyes in debt already (publicly & privately)
I'm not sure what would happen to our government with such a large additional workload...of course it's also possible that they'd just go slow as
sh*t & not care like always while we slag through it somehow...
I mentioned this in one of the early threads on the Japan earthquake. Consider not only the people, but all of the huge technology companies they
would bring with them.
What about places like China (?) that have those big 'ghost' cities, or places down in the US where malls and neighborhoods are just abandoned
...??? There's alot of empty space that's pretty habitable isnt' there???
all that link shows is population....... but population is typically calculated by census which has been common since before my ancestors came to
the US.....
but when you are talking economy who is going to pay the bill us or japan. if we don't pay for everything maybe a huge influx of growth ...
more population demand for jobs to build homes and it would trickle to all middle american incomes... people replenish lost items required goods but
kill the job market in some areas for a while
It wouldn't necessarily kill job markets. There's many companies in Japan that would likely rebuild if they had to move here. Remember, we wouldn't
only get more people. They would bring businesses with them.
Besides, the yen is the strongest currency in the world last I heard. That means there would be a ton of Japanese that would be able to afford to
start up a business if they wished.