I think immigration from developing nations does raise the standard of living for the immigrant (e.g. India), but not for the host nation -- it's called "regression to the mean". As far as GDP goes, I always think of this:
> Two economists are walking in a forest when they Come across a pile of shit.
> The first economist says to the other "Ill pay you $100 to eat that pile of shit." The second economist takes the $100 and eats the pile of shit.
> They continue walking until they come across a second pile of shit. The second economist turns to the first and says "l pay you $100 to eat that pile of shit." The first economist takes the $100 and eats a pile of shit.
> Walking a little more, the first economist looks at the second and says, "You know, I gave you $100 to eat shit, then you gave me back the same $100 to eat shit. can't help but feel like we both just ate shit for nothing." "That's not true", responded the second economist. "We increased the GDP by $200!"
That’s funny. Here’s one.
Lawyer: “Can a foreign citizen donate to a U.S. campaign?”
Judge: “No.”
Lawyer: “What if we put millions of them into a multinational corporation first?”
Judge: “Now you’re speaking constitutional law.”