Economics

What Does Scott Brown’s Victory Mean for Immigration Reform?
The election of Republican Senate candidate Scott Brown in Massachusetts provides an interesting twist in 2010 electoral politics. While some may argue that this loss is essentially a referendum on the current Administration and its agenda, the less dramatic but more likely conclusion is that the results were more about the candidates themselves. Democratic candidate Martha Coakley’s well-documented gaffes in the media made for entertaining fodder during a news cycle dominated by depressing news from Haiti. Her loss, while bad news for the Democrats in Congress who prefer having a filibuster proof majority in the Senate, does not necessarily derail the President’s agenda. To make wholesale assumptions that Republican Senator-Elect Scott Brown is going to automatically derail all of the President’s upcoming initiatives is not only pre-mature but impossible to determine. Read More

New Report Estimates Economic Benefit of Legalizing Unauthorized Immigrants in California
A new report from researchers at the University of Southern California (USC) provides further evidence that immigration reform which includes the creation of a pathway to legal status for unauthorized immigrants already in the United States would yield tangible economic benefits. The report, The Economic Benefits of Immigrant Authorization in California, by Dr. Manuel Pastor and co-authors at USC’s Center for the Study of Immigrant Integration (CSII), estimates that “unauthorized Latino immigrants in California…missed out on approximately $2.2 billion in wages and salary income last year alone due solely to their legal status, and the state lost out on the multiplied impacts of that potential income and spending, suggesting a total potential gain of $3.25 billion annually from authorization.” Read More

Heritage Foundation Takes Aim at IPC/CAP Report, Issues a Series of Misfires
Today, the Heritage Foundation responded to a recent report from the Immigration Policy Center (IPC) and the Center for American Progress (CAP), Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform, in a failed attempt to rebut the report’s finding—that comprehensive immigration reform which includes a legalization program for unauthorized immigrants and flexible limits on future immigration would result in a large economic benefit: $1.5 trillion in additional U.S. Gross Domestic Product (GDP) over 10 years. Read More

Immigrant Investments in American Business on the Rise
Fresh on the heels of an economic study by UCLA’s Dr. Raúl Hinojosa-Ojeda—a study which demonstrates how comprehensive immigration reform would yield $1.5 trillion to the U.S. GDP over a ten year period, generate billions in additional tax revenue and consumer spending and support hundreds of thousands of jobs—a recent report by the non-partisan Migration Policy Institute (MPI) further highlights the economic benefit of immigration through foreign investments in U.S. businesses. As noted yesterday in a Washington Post article, “the number of foreigners willing to invest $500,000 to $1 million in a U.S. business in exchange for a visa roughly tripled in the past fiscal year”—from 1,443 in fiscal year 2008 to 4,218 in fiscal year 2009. Read More

Immigration Reform Now a Matter of “How”
There are plenty of genuine issues worthy of debate in immigration reform—how to really create secure borders and communities, how to predict and manage future immigration flows, how to implement a fair and workable employment verification system, and how to ensure that legal immigration incorporates key values represented by family and work. But what is no longer on the table is whether we should be doing immigration reform, particularly legalization of the undocumented. Yesterday’s release of the IPC/CAP report finally puts to rest the question of whether immigration reform is good for the country. The answer—a resounding “Yes!” Read More

New Report Quantifies Benefits of Immigration Reform to U.S. Economy
Those policymakers and commentators who argue that we simply cannot afford to enact comprehensive immigration reform in the middle of an economic recession have their facts woefully wrong. According to a new report released jointly by the Immigration Policy Center (IPC) and the Center for American Progress (CAP), the economic benefits which would flow from comprehensive immigration reform would be dramatic. The report, Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform, uses a “computable general equilibrium model” to estimate that comprehensive reform which includes a pathway to legal status for currently unauthorized immigrants, as well as the creation of flexible limits on future immigration, would “yield at least $1.5 trillion in added U.S. Gross Domestic Product (GDP) over 10 years.” Moreover, comprehensive reform would “boost wages for native-born and newly legalized immigrant workers alike.” Read More

Connecting the Dots Between Immigration and Health Care Reform
As Congress continues to broker the specifics of health care legislation, some reports cite key Democrats as allegedly holding out their support of the bill contingent on a solid White House promise that a comprehensive immigration reform bill will be addressed this year—a reform bill that would provide health care coverage options to all immigrants, including undocumented immigrants on an earned path to citizenship. Read More

Restrictionists Build Anti-Immigrant Agenda on Backs of American Workers
While perpetuators of the myth that “immigrants take jobs away from hard working Americans” are busy exploiting both immigrants and native-born workers, a new report by America’s Voice Education Fund shines a much needed light on the restrictionist lobby’s real agenda—deportation at any cost. Released last week, the report takes a closer look at the “anti-worker” voting records of supposedly “pro-worker” Congressional Members who, “aided by a shadow coalition of groups with an anti-immigrant agenda,” have consistently built a “deport them all” agenda on the backs of American workers. Read More

Nativist Group Discovers Unemployment is High
The Center for Immigration Studies (CIS) has made the rather un-astounding discovery that unemployment in the recession-plagued U.S. economy is high, especially among less-educated workers. In a new report, entitled A Huge Pool of Potential Workers, CIS dissects the latest Bureau of Labor Statistics numbers on unemployment and underemployment among the native-born, and notes that there are between seven and eight million unauthorized immigrants currently working in the United States. The report then makes the casual claim that “if the United States were to enforce immigration laws and encourage illegal immigrants to return to their home countries, we would seem to have an adequate supply of less-educated natives to replace these workers.” What the CIS report fails to mention is that the costly and destructive measures which have been proposed to “encourage” unauthorized workers to leave the country have yet to work and adversely affect native-born workers; that many unemployed natives would have to travel half way across the country to reach the low-wage jobs formerly held by unauthorized immigrants; that removing unauthorized workers from the country also means removing unauthorized consumers and the jobs they support through their purchasing power; and that none of this would aid the nation’s long-term economic recovery. Read More

Studies Show Latinos Climb Socio-Economic Ladder of Success
As a front-page story in today’s Washington Post reminds us: “Not since the last great wave of immigration to the United States around 1900 has the country’s economic future been so closely entwined with the generational progress of an immigrant group.” The story highlights the degree to which the children of immigrants from Latin America have become crucial to sustaining the working-age population and tax base of the nation—particularly as more and more of the 75 million Baby Boomers retire. Moreover, the parents of these children most likely would not have even come to this country if not for the U.S. economy’s past demand for workers to fill less-skilled jobs—demand which was not being adequately met by the rapidly aging and better-educated native-born labor force. The Post story also casts a spotlight on the insecurities and anxieties of commentators who feel that Latino immigrants and their descendants aren’t integrating into U.S. society and moving up the socio-economic ladder “fast enough.” Although these concerns are certainly understandable, they are as unjustified now as they were a century ago when they were directed at immigrants from southern and eastern Europe. Read More
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