How Immigrants Affect The Economy
Given the tensions in the US over immigration, the United States should be open to all ethnic, racial, and religious groups immigrating to America because it helps improve the economy.
Immigrants from everywhere have helped increase the United States’s GDP and the amount of taxes paid. Cesar Maximiliano Estrada, a writer for the Center of American Progress, wrote the article “How Immigrants Positively Affect the Business Community and the U.S. Economy” which states, “In 2013, for example, immigrants added $1.6 trillion to the total US gross domestic product.” In other words, immigrants are adding to the production of goods in America. The production of goods correlates with the income of workers as well, so with the immigrants in the workforce …show more content…
The issue brief titled “The Economic Benefits of Immigration” written by Manhattan's Institute's senior fellow and director of the program Economics21, Diana Furchtgott-Roth, it states just how immigrants can increase the efficiency of the economy, “Immigrants increase the economic efficiency by reducing labor shortages low- and high-skilled markets because their educational backgrounds fill holes in the native born labor market” This is beneficial to the economy because different educations and backgrounds can lead to new ideas that otherwise wouldn’t have been thought of. Increased immigration can help expand the workforce which helps all different kinds of businesses. With more workers, businesses will be encouraged to start up and in turn the economy will benefit. Immigrants in the workforce help the development of new ideas and inventions that other companies want to invest in. The more workers available the more firms invest. In other words, the more people immigrate to the US, the more each business expands their productive capacity. This is shown in the review of Latin American Studies at Berkeley in an article entitled “The Economic Benefits of Immigration” written by Giovanni Peri, a professor and Department Chair in the Department of Economics at Berkeley. This article states, “First, as a consequence of the availability of more workers, firms invest: they expand their productive capacity and build more establishments. The productive capacity per worker has grown in the US economy at a constant rate during the period from 1960 - 2009.” This helps the economy because it allows each worker and business to have more space to produce. Immigrants didn’t crowd the workforce, but expanded the size and ability of each business. The amount of immigrants that flooded the workforce caused businesses to invest and expand, allowing even more workers. With
Immigrants from everywhere have helped increase the United States’s GDP and the amount of taxes paid. Cesar Maximiliano Estrada, a writer for the Center of American Progress, wrote the article “How Immigrants Positively Affect the Business Community and the U.S. Economy” which states, “In 2013, for example, immigrants added $1.6 trillion to the total US gross domestic product.” In other words, immigrants are adding to the production of goods in America. The production of goods correlates with the income of workers as well, so with the immigrants in the workforce …show more content…
The issue brief titled “The Economic Benefits of Immigration” written by Manhattan's Institute's senior fellow and director of the program Economics21, Diana Furchtgott-Roth, it states just how immigrants can increase the efficiency of the economy, “Immigrants increase the economic efficiency by reducing labor shortages low- and high-skilled markets because their educational backgrounds fill holes in the native born labor market” This is beneficial to the economy because different educations and backgrounds can lead to new ideas that otherwise wouldn’t have been thought of. Increased immigration can help expand the workforce which helps all different kinds of businesses. With more workers, businesses will be encouraged to start up and in turn the economy will benefit. Immigrants in the workforce help the development of new ideas and inventions that other companies want to invest in. The more workers available the more firms invest. In other words, the more people immigrate to the US, the more each business expands their productive capacity. This is shown in the review of Latin American Studies at Berkeley in an article entitled “The Economic Benefits of Immigration” written by Giovanni Peri, a professor and Department Chair in the Department of Economics at Berkeley. This article states, “First, as a consequence of the availability of more workers, firms invest: they expand their productive capacity and build more establishments. The productive capacity per worker has grown in the US economy at a constant rate during the period from 1960 - 2009.” This helps the economy because it allows each worker and business to have more space to produce. Immigrants didn’t crowd the workforce, but expanded the size and ability of each business. The amount of immigrants that flooded the workforce caused businesses to invest and expand, allowing even more workers. With