Why Do We Need More People In This Country, Anyway? --->
Economists in league with big business got good at torturing data to “show” that immigration benefits the economy. But as demonstrated by Harvard University’s George Borjas, one of the nation’s leading economists on the topic, immigration is a net economic benefit to immigrants and to their employers.
To workers already here, not so much.
The basic question remains. The pat answer over the past 20 years — “to do the jobs Americans just won’t do” — may seem to have some salience with a 3.9 percent unemployment rate. But that only further raises the question. After at least two decades of wage stagnation and even decline, now that we’ve finally reached the nirvana of full employment (and who knows how long it will last), why not take advantage of this tight labor market to raise wages across the board? Especially for the working and middle classes that got nowhere or even lost ground during the housing, finance and tech booms of recent years?
Just about everyone knows the answer: because the business community does not like tight labor markets and the concomitant necessity to raise wages. That’s bad for the bottom line. The solution? More workers! And so the Chamber of Commerce annex — a.k.a. Capitol Hill Republicans — dutifully attempt to do their donors’ bidding at the expense of their voters’ interests.
We know how more immigration benefits big business and the Democratic Party. No one has yet convincingly explained how it benefits the American people as a whole. That’s the foremost consideration that should drive our immigration debate, and that’s what should determine our immigration policy.