Sunday, July 24, 2016

Wharton Model Shows Benefits Of Immigration

See All Donald’s Immigrants: See for yourself: an economic model for immigration policy from the WSJ . Excerpt:
"The model shows that increasing the share of immigrants with, say, college degrees had only a minimal effect on GDP and employment. Deportation reduces both GDP and employment. The optimum policy choice for the economy and employment is one that increases net immigration. Increasing net annual immigration by 50% each year, for example, would increase GDP growth on average from 1.7% to 2% a year over next 35 years. It would also mean more workers per retiree—reducing the stress on retiree Medicare and Social Security."

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