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Immigration Law

: Greg Siskind's Blog

COULD IMMIGRATION REFORM BE AN ECONOMIC STIMULUS?

By Greg Siskind

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UCLA's Dr. Raul Hinojosa-Ojeda, Executive Director of the university's North American Integration and Development Center, makes the case that a legalization program on a large scale will be an economic boon to the country:

Legalization of the nation?s undocumented workers is now an economic necessity, as well as a
moral and civil rights imperative. Legalization increases short-term incomes, job creating consumption and net tax revenues in the low wage segments of the labor market, as well as sets the long-term foundation for an expanding middle class and a more sustainable economic recovery. The experience of the Immigration Reform and Control Act of 1986 (IRCA) is very instructive in this regard, producing both wage and consumption gains, and enhanced tax-revenue collection in the midst of a recession of the late 1980?s and early 1990?s, as well as decades of very high rates of educational, home and small business investments by newly legalized families. If Congress and President Obama legalized the current 10-12 million undocumented persons in the U.S. an economic stimulus of $30-36 billion in personal income, 750,000-900,000 new jobs, and $4.5 to $5.4 billion in net tax revenue would result!

Full post as published by Greg Siskind's Blog on January 26, 2009 (boomark / email).