Richwine on the Net Fiscal Effect of Low-Skilled Immigrants

In Open Borders, I heavily rely on the National Academy of Sciences report on The Economic and Fiscal Impact of Immigration to estimate the net fiscal effect of immigration.  Recently one of my graduate students pointed out this post by Jason Richwine criticizing my interpretation of the results.

Among dropouts, immigrants in the 25-64 and 65+ age categories are clearly fiscal burdens, as they cost taxpayers $225,000 and $257,000, respectively. Caplan, however, is tantalized by the age 0-24 colu...