Obama's new immigration orders could boost labor income by $6.8 billion, helping to generate 160,000 new jobs and $2.5 billion in additional tax revenues, say economists. But immigration reform by Congress would do more.
By Josh Boak, Associated Press
November 22, 2014
[Note: The article's claims for the benefits of guest worker programs are very questionable.--The Politics of Immigration]
WASHINGTON — President Barack Obama's expansive executive action on immigration is good for the U.S. economy — just not as good as partnering with Congress on broader reforms.
Announced Thursday, the executive order would prevent the deportation of about 4 million parents and guardians who lack the same legal status as their children. By gaining work permits, they will likely command higher wages, move more easily between jobs and boost government tax revenues, according to multiple economic analyses.
"This is focused on people who are already in the economy today, who are contributing mightily but are basically operating in the shadows," said Raul Hinojosa-Ojeda, a professor at the University of California, Los Angeles. "Their economic potential is being held back." [...]
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