A brief analysis of the new NAS report on immigration economics

Tom Edsall of the New York Times wrote a column today which nicely summarizes the 500 page report issued last week, “The Economic and Fiscal Consequences of Immigration,” by the National Academies of Science. He include this quote to show that the report is decisively positive about the economic consequences of immigration:

“Immigration is integral to the nation’s economic growth. The inflow of labor supply has helped the United States avoid the problems facing other economies that have stagnated as a result of unfavorable demographics, particularly the effects of an aging work force and reduced consumption by older residents. In addition, the infusion of human capital by high-skilled immigrants has boosted the nation’s capacity for innovation, entrepreneurship, and technological change.”

 

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