Throughout history, immigration has been “a swinging door that often opens during periods of economic prosperity and slams shut when times get tough.” (Vatz, 2013) This being particularly true when economic despair is in effect. Immigrants usually mean cheap labor. Whether or not people are for or against immigration into the United States, one thing is for certain, “Tens of millions of immigrants over four centuries have made the United States what it is today. …their hard work benefited themselves and their new home country.” (Hiner, 2008) Unfortunately, there is much more than a few pages worth of United States immigration history, but in the following paragraphs, we hope to address and discuss some of the more prominent historical points including the different “waves” immigration into the United
ll seek further employment. In this way, they will be a large part of America’s workforce. But, on the other hand, as they age, there will be an increase in the job market that is directly influenced by those retirees, such as entertainment or health care. This increase in jobs could potentially offset theers in American society, and take up a large portion of the job market. This potential economic downfall threatens to cause an upsurge in tax rates, while we see less and less available employment, in the lower-level job sectors.
In addition, the service industry in the U.S. keeps employing large numbers of illegal immigrants simply because they are a kind of cheap labor source that stays around for many years due to their sturdy work. (Mirande 61) Immigrants are added sources of economic growth spending billions with massive U.S. companies like credit cards, mortgage lenders, banks, insurers, phone carriers, and other consumer corporations. They bring roughly 600,000 to 700,000 new consumers to the economy every year. (LULAC 1) According to Business Week, 84% of immigrants are between the ages of 18 to 44, in their prime spending ages versus 60% of legal residents. By allowing illegal immigrants to obtain legal status to work and live in the U.S., they add a potential benefit to our economy by spending the money they work hard for and put back into our economy.
Immigration Reform ECO-301 Week 7 Final April 24, 2013 Immigration Reform ECO-301 Week 7 Final April 24, 2013 Immigration Reform in the United States Today Immigration reform is a movement for change with in the current immigration policy. Immigration reform is a controversial issue in the United States. I will be focusing on the economic benefits of immigration reform in the United States. Most Americans would be surprised to learn about the substantial benefits of immigration reform to the United States economic growth and prosperity, and thus our ability to reduce our federal budget deficit over the next 10 years. Although the majority of Americans agree that our current immigration system is in need of a change, there remains a lack of understanding about the real effects that new immigrants have on wages, jobs, budgets, and the U.S. economy in general.
Many republicans say that raising the minimum wage of Americans will also cause inflation to rise, sending the country back into a recession. Kruger states that when President Bill Clinton was in office and raised the minimum wage, that it actually boosted consumer spending and the economy. There is evidence that suggests that Kruger could be correct in proposing such an action. President Obama has proposed the minimum wage be raised in an effort to stabilize the economy much like Clinton did. When Clinton raised the minimum wage it stimulated a slumping economy and had increases in the job market.
Legalizing immigrants would be a stimulus to the United States’ economy because legalized workers contribute to the economy through taxes. a. For the past decade, more than two thirds of these undocumented and illegal immigrants have contributed to the United States’ financial system and society (Fitz, 2011). b. Immigrants’ involvement in the workforces has engaged a key function in lengthening the ability to pay all just debts of the Social Security Trust Fund (Fitz et al., 2013). c. If the reform is passed for these immigrants, it will add major economic growth, earnings, tax revenues, and jobs (Lynch et al., 2013).
It is estimated that every day as many as ten thousand illegal immigrants cross the border into the United States from Mexico. On both sides of this controversial debate, people agree the amount of undocumented workers here in the United States is a problem and something should be done. The only options left are to either follow the law or alter it. President Barrack Obama states, “In the end, our broken immigration system affects more than a single community; it affects our entire country. And as we continue to strengthen our economy and jump-start job creation, we need to do so with an immigration system that works, not the broken system we have now,” which is agreed by both sides of this debate, something needs to be done, but what?
With this in mind, Barack Obama and John McCain both have many similar views on this topic. The economy is surprisingly America’s number one concern for the upcoming year, and both nominees are striving for votes. Both want to do what is best for the country, like lower gas prices, give jobs back to millions of Americans, and make lives better for the average middle class working family. Obama and McCain would both like to expand unemployment benefits making those who lost their jobs better off. Each of them plans to provide for the jobless and make room for many more opportunities of employment.
Unemployment and non-work have risen throughout the country and among immigrants, but the number of new immigrants, both legal and illegal, entering the country continues to match the pace of the 1990s. Immigrants come to America for many reasons, and the demand for labor may be a relatively minor factor in determining the level of immigration. If there is no change in immigration policy, it is almost certain that at least 15 million new legal and illegal immigrants will settle in the United States in this decade alone, regardless of the performance of the U.S. economy. So although the consequences seem minimal now, immigration’s impact will continue to grow if current policies are left the
Despite the wealth of Asian visibly and global reputation of the United States may have been tarnished over the past few years, this does not appear to be putting people off wanting to leave their homeland to settle in the United States. Over one million people from all over the world arrive to live across the US’ 50 states each year; economic, political environment, educational…is some of reason to make the United States become the world’s most popular emigration destination. Probably one of the most reasons is economic migration, as many people immigrate to the US to be the search for a better life, and an improved standard of living. The largest majority of people immigrating is those seeking employment and are of working age. They are hard worker, and most think it is extremely