Economics
How Would Immigration Reform Help the U.S. Economy?
A growing consensus has emerged among both liberals and conservatives that immigration reform would serve as a stimulus to the U.S. economy. Reform would not only raise the wages—and therefore the tax payments and consumer purchasing power—of newly legalized immigrants, but would ensure future flows of immigrant workers, taxpayers, and consumers that are sufficient to meet the labor-force needs of our rapidly aging society. Conversely, trying to enforce our way out of a dysfunctional immigration system only wastes taxpayer dollars while exacting a high toll in both human lives and missed economic opportunities. Read More
Dollars and Lives Lost in the Wait for Immigration Reform
Two-and-a-half months after the Senate passed immigration reform legislation (S. 744), the House of Representatives continues to dawdle. Other than giving speeches and mulling over a few backward-looking, enforcement-only bills, the House has done nothing to revamp the broken U.S. immigration system or to realistically resolve the status of the 11 million unauthorized immigrants now living in the United States. The standard excuse for this inaction is that there are too many other high-priority items on the legislative agenda right now—so immigration reform will have to wait. But while Congress waits, dollars and lives are being lost. Read More
Months After Passage, Anti-Immigrant Group Still Mischaracterizes Senate Bill
The immigration reform bill (S.744) that the Senate passed in June would fix our broken work visa programs for lower skilled, higher skilled, and agricultural workers; eliminate decades-long backlogs in our immigrant visa programs; increase job and wage protections for U.S. workers; and greatly increase our investment in border security. In addition, the bill would have fiscal and economic effects that would be overwhelmingly positive, according to the Congressional Budget Office (CBO). If enacted, the bill would help reduce the federal budget deficit by approximately $1 trillion over 20 years, would boost the U.S. economy as whole without negatively affecting U.S. workers, and would greatly reduce future undocumented immigration, according to the CBO. However, the Federation for American Immigration Reform (FAIR) released a report this week criticizing the bill. They claim S.744 offers an immediate “amnesty” for the undocumented, lacks specific metrics for measuring border enforcement, weakens the visa entry-exit system, and creates a “nebulous new system” that fails to protect Americans from illegal foreign workers. Read More
White House Honors Local Groups Leading the Way to Welcome Immigrants in Their Cities
Thousands of immigrants every day demonstrate a commitment to being part of America by becoming naturalized citizens every day. These Americans by choice often make huge sacrifices to move to the United State and become part of their community. But it also takes support from the local community to welcome new immigrants who want to establish roots in the area. Groups across the country are stepping up to fill that role and make their cities inviting to immigrants. Read More
Immigration is a Positive Force for Economic Growth in Cities
Posters on metro buses and trains in St. Louis will now welcome you to the city in 17 different languages, one of the many initiatives begun by the St. Louis Mosaic Project to create an atmosphere that welcomes and encourages immigrants to the area. Signs in the public transit system aren’t just designed to look pretty, however, but acknowledge that for many immigrants, particularly those new to the St. Louis region, this is their primary means of going to work or school, shopping, and taking part in all the community has to offer. “The Mosaic Project says a lot about where our region is going,” St. Louis County Executive Charlie Dooley said. “We want to be more diverse and see things from different points of view.” Read More
U.S. Must Confront Challenges of Attracting Global Innovation Talent
Across the United States, innovative industries in the science, technology, engineering, and mathematics (STEM) fields have driven economic growth and job creation nationally and in metropolitan areas throughout the country. And the human capital—the people who are leading these innovations—comes not only from homegrown talent but also from a global labor market and talent pool. The U.S. has a well-established innovation economy, similar to other developed nations. But certain challenges exist for countries to attract talent to fuel these industries. A new report from the Migration Policy Institute (MPI) describes the policy challenges related to attracting individuals from the global talent pool. The authors recognize human capital as “the one resource that can propel firms and economies to the top tier of competitiveness.” There have been undeniable increases in the supply and demand for skilled workers worldwide as more places continue to transition to knowledge-based economies with rising occupational skill requirements. As such, in addition to advances in OECD countries, the report notes that as developing countries continue to grow, and as their immigration policies “become less bureaucratic and cumbersome, a much greater choice of destinations will open up for the internationally mobile.” Read More
Labor Day Celebrations Should Also Pay Tribute to Immigrant Workers
Americans are observing Labor Day, which pays tribute to the many contributions and achievements of American workers. As celebrations are underway, the holiday offers an opportune moment to reflect on the very concept of American workers. In other words, who is an American worker? Where do immigrants—who contribute their talents and labor to the production of goods and services in the United States—fit into the picture? Read More
Immigrant Business Owners Continue to Contribute to Communities Across America
During the August recess, Members of Congress have been meeting with constituents in their home states and districts. During this time, many have likely dined at an immigrant-owned restaurant or used the services of an immigrant-owned business within their home state. The fact is, immigrant businesses are important in many communities across America. Immigrant entrepreneurs bring in additional revenue, create new jobs, and boost local and state economies. Indeed, immigrant entrepreneurs and innovators continue to make contributions throughout the U.S. Read More
Our Immigration System Must Encourage Foreign Entrepreneurs to Invest in the U.S.
Immigrants started 33 percent of U.S. venture-backed companies between 2006 and 2012 that went public, according to a new report from the National Venture Capital Association. The report, however, also noted that there is no reliable immigration program for foreign entrepreneurs, who must surmount enormous legal difficulties in order to come here to create businesses and drive innovation and job growth. Read More
New Study Shows How Native-Born Workers Benefit from Immigration
One of the fears recurrently raised by those who oppose immigration is that inflows of immigrants negatively affect the native-born labor force in general, and less-educated working class individuals in particular. The idea upon which this assertion relies is that when less-educated workers immigrate into the host country, they systematically bring down the wages of similarly educated native-born workers. This notion is oftentimes overstated and is to a large extent fueled by prejudice rather than being backed by hard evidence. Read More
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