Immigration Boosts Economic Growth
During the brief government shutdown last year, President Trump claimed the country was swamped by immigrants and demanded a 40% reduction in legal immigration according to a NY Times OpEd.
Among 50 wealthy countries with a per capita GDP of over $20,000, America ranks 34th in their share of foreign born living in the country. From 2015 to 2017, the U.S. netted five new immigrants per 1,000 people from 2015 to 2017, according to the United Nations. Canada’s number is eight, and Australia’s is fourteen. Neither of these countries is facing the same immigration turmoil as the U.S.
The economic needs of a country are another good way to measure whether it is admitting too many immigrants. If the United States was to accept too many immigrants, the economy would not be able to properly absorb them. Yet, the unemployment rates among documented and undocumented immigrants when the economy was at full employment, was slightly lower than US-born workers.
If America continues to accept so few immigrants, a severe labor crunch will ensue, and growth will be hindered. At this rate, the total work force will only grow by 0.3% per year. In fact, America should be admitting a million more immigrants per year.