Spoiler alert: quite possibly.

Well, in my opinion, they are people. I’d still say that even if the migrant crime wave Trump and his allies harp on were real, and not a figment of their imagination (violent crime has in fact been plummeting in many cities). And I’d say it even if there weren’t growing evidence that immigration is helping the U.S. economy — indeed, that it may be a major reason for our surprising economic success.

But as it happens, there is a lot of evidence to that effect.

  • AutoTL;DR@lemmings.worldBEnglish
    21·
    11 months ago

    This is the best summary I could come up with:

    Some background here: When Covid struck, there were widespread concerns that it might lead to long-term economic “scarring.” Millions of workers were laid off; how many of them would either depart the labor force permanently or lose valuable skills?

    Also, our policymakers didn’t make the mistakes that followed the 2008 financial crisis, when an underpowered fiscal stimulus was followed by a premature turn to austerity that delayed a full recovery for many years.

    The budget office recently upgraded its medium-term economic projections, largely because it believes that increased immigration will add to the work force.

    Overall, then, immigration appears to have been a big plus for U.S. economic growth, among other things expanding our productive capacity in a way that reduced the inflationary impact of Biden’s spending programs.

    It’s also important to realize that immigration, if it continues (and if a future Trump administration doesn’t round up millions of people for deportation), will help pay for Social Security and Medicare.

    All of the rise in unemployment is among foreign-born workers — and this, they suggest, means that we aren’t seeing the kind of weakening in demand for labor that presages recessions.

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