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4/14/17

Nearly 1,500 economists tout benefits of immigration in letter to Trump

Nearly 1,500 economists sent a letter to Donald Trump and congressional leaders, praising the economic contributions of the immigrants he’s busy attacking and urging a legislative fix to our outdated immigration system so that undocumented communities can finally become a part of this nation on paper:

"[I]mmigration is one of America's significant competitive advantages in the global economy," the letter said. "With the proper and necessary safeguards in place, immigration represents an opportunity rather than a threat to our economy and to American workers."

Among the economic benefits that immigration brings are entrepreneurs who start businesses, young workers who replace retiring Baby Boomers and people with diverse skill sets to keep American companies competitive and innovative in high-growth fields like STEM, the letter stated.

The letter follows a survey of nearly 300 economists by the National Association of Business Economics, which “found that a clear majority believed President Trump's restrictive stance on immigration is a mistake.” They’re right. In Trump’s home state of New York, “undocumented immigrants contribute about $40 billion a year to New York state's gross domestic product.”



from Daily Kos http://ift.tt/2pgzFCE

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