Immigration is a net positive for the U.S. economy, the singularity raises worker concerns and net zero claims are falling short: Nouriel Roubini

From cnbc.com Watch this video at https://www.forexfactory.com/news/1248450-immigration-is-a-net-positive-for-the-us.

Immigration will benefit the U.S. in the long term by addressing the worker shorter and supplement benefits of retirees according to New York University Professor Emeritus of Economics and International Business Nouriel Roubini. He spoke with CNBC on why a selective but open immigration policy has helped U.S. growth. Most billion-dollar startups in America have been founded by immigrants, and companies such as Google, Tesla and Apple have had CEOs from immigrant backgrounds. “Many people are against immigration because they fear that it’s going to lead to job losses or income losses. But the evidence is not consistent with that. We have a shortage now of labor because of the aging of populations. That reduces potential growth, reduces productivity, creates a larger fiscal deficit and implicit liability for the government, those deriving from a pay-as-you-go Social Security and health-care system. So we need more younger workers to be able to pay for the benefits of those w