The surge in immigration is a $7T gift to the economy
by Bostonian on 2/15/2024, 6:37:37 PM
I can't access the article. Immigration will raise GDP, since it increases the size of the workforce, but it's not clear that it will raise the per-capita incomes of the people who already live in the country.
A current WSJ article on this topic is "Immigration Wave Delivers Economic Windfall. But There’s a Catch. Recent migrants are expected to be lower paid and less productive than predecessors" https://www.wsj.com/economy/jobs/immigration-wave-delivers-e... archived at https://archive.is/3HPqQ
by ece on 2/18/2024, 10:48:37 PM
https://archive.is/y9nZK
by elintknower on 2/15/2024, 9:45:12 PM
This is infuriating as a legal immigrant.
I can't access the article. Immigration will raise GDP, since it increases the size of the workforce, but it's not clear that it will raise the per-capita incomes of the people who already live in the country.
A current WSJ article on this topic is "Immigration Wave Delivers Economic Windfall. But There’s a Catch. Recent migrants are expected to be lower paid and less productive than predecessors" https://www.wsj.com/economy/jobs/immigration-wave-delivers-e... archived at https://archive.is/3HPqQ