If there’s one single consistent advantage the United States has carried since its founding, it is its ability to draw talent and expand its population. Now, as the country prepares to celebrate its 250th birthday and ponders its appetite for President Donald Trump’s crackdown on immigration, the US risks recording a historic and economic milestone decades ahead of schedule: Based on at least one respected estimate, 2026 may see the first real population decline in American history.
Even if that milestone doesn’t happen this year, there’s broad agreement among experts on both sides of the immigration debate that Trump’s second term ...