Immigration Reform Will Ease Economic Decline
“It cannot be in any way justified to try to oppose immigration reform on the basis of an economic argument.”
WASHINGTON–A new study by a leading academic researcher contends that legalizing undocumented workers through comprehensive immigration reform would yield $1.5 trillion to the U.S. Gross Domestic Product (GDP) over a 10-year period, generate billions of dollars in additional tax revenue, increase wages and consumer spending, and create hundreds of thousands of jobs.
The study, “Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform,” was conducted by Dr. Raul Hinojosa-Ojeda, associate professor at the University of California, Los Angeles (UCLA). Dr. Hinojosa presented the findings during a telephonic press conference moderated by Angela Kelley, vice president for immigration policy and advocacy at the Center for American Progress.
“Number one … legalization produces an immediate economic impact, based on what we’ve known happens in previous legalizations. The reason is because legalization empowers workers immediately to become much more committed and integrated into the economy,” Hinojosa said. Read more…