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From: Anonymous <anon@anon.net>
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Subject: Re: Undocumented Immigrants Boost Economy
Date: Thu, 1 Aug 2024 22:46:09 -0400
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JAB wrote:
> US Govt. Report: Undocumented Immigrants Boost Economy
> 
> Based on an estimated increase of 1.7M immigrants per year from
> 2021-2026, a US Congressional Budget Office (CBO) report says the
> country will see an increase of $1.7T in federal revenue from
> 2024-2034 and a $897B decrease to the federal deficit.
> 
> This figure is based on projections that through their participation
> in the labor market, they will pay $788B in taxes, adding $387B in
> federal revenue through their general effect on the economy
> 
> Regarding the children of immigrants who are born in America, the
> report says their access to welfare will increase total federal
> program expenditures and debt interest by $300B over the 10-year
> period, resulting in an additional $23B in mandatory spending in
> 2034.[2]
> 
> Regarding the debt, the report states that while undocumented migrants
> will lead to a debt reduction of $4B from 2024-2028, their presense in
> the country will increase debt spending by $101B between 2024 and
> 2034.[1]
> 
> Their overall participation, however, is estimated to lead to an $8.9T
> increase to the nation's gross domestic product (GDP) over the 10
> years.[2]
> 
> https://www.improvethenews.org/story/2024/us-govt-report-undocumented-immigrants-boost-economy


https://voxday.net/2015/09/25/immigration-and-new-job-creation/

 > Not counting undocumented workers, the U.S. has been "strengthened" by
 > adding an average of 1,090,520 legal immigrants annually, which, when
 > combined with the reports of the study, means that from 2000 to 2015,
 > immigrants should have created 19.6 million new jobs for native workers in
 > addition to supplying approximately 10.6 million new jobs themselves. (The
 > latter must be the case due to the new jobs reportedly going to native
 > workers and is a conservative estimate based on the EPR). This amounts to
 > a total of 30.2 million new jobs created by immigration since 2000.
 >
 > Now let’s look at the numbers from 2000 to 2015. In January 2000, the
 > working age population of the United States was 178,259,050 and the
 > Employment-Population Ratio was 64.6, meaning there were 115,155,346 jobs.
 > Therefore, according to the NBER model, the beneficial effects of
 > immigration are such that after 15 more years of it there should be
 > 145,355,346 jobs in 2015.
 >
 > In March 2015 the working age population had grown by nearly 15 million to
 > 204,026,416, which is in line with the 10.6 million new immigrant workers,
 > but population grew to nearly 320 million and the EPR fell to 59.3.That
 > works out to 120,987,665 jobs, which is a mere 24,367,681 fewer jobs than
 > the NBER model predicted. From 2000 to 2015, 16.4 million new immigrants
 > have created a grand total of 5,832,319 new jobs, which means that either
 > a) over 10 million native Americans have lost their jobs to immigrant
 > labor or b) over two-thirds of the new immigrants are collecting welfare.
 > Either way, these 16.4 million immigrants have not been a boost to the
 > economy.