26dems Homepage
Tech Advisory: This web page is best viewed in Firefox, Safari, or Internet Explorer version 7 and newer. You may have to upgrade Adobe Flashplayer if you experience problems. Report any problem to the webmaster.

Tuesday, October 26, 2010

Give Us Your Tired, Your Poor. Really. We Mean It.


Economists are making the case politicians are afraid to: Immigration is great for the U.S.





U.S.-Mexico border. Click image to expand.



If you pay attention only to politics, you'd be forgiven for thinking that the current debate about immigration in America is limited to how severely it should be restricted—whether we need only to seal the border or actually change the birthright citizenship clause in the Constitution.

But among economic pundits, the discussion is heading in exactly the opposite direction. Pro-immigration arguments are booming, and reached a zenith this week with the publication of a paper by the San Francisco Federal Reserve Bank, arguing among other things that immigrants, despite popular misconception, do not displace American workers. This has led a number of economic bloggers to make the very rational argument that one of the best things America could do now to fix our sagging economy is to encourage more people to come here and work.
According to the econo-blogosphere lately, immigration is a cure-all for America's economic ills. We'll get to the question of whether anyone is listening, but here is a guide to the virtues-of-immigration arguments that have been making the rounds in recent weeks.

Continue reading here.