Monday, August 04, 2014

More Immigration, Stronger Economy

Our economic and budget problems could be solved with immigration reform being enacted. We need more young people working here legally.   - - Donna Poisl

By Jason Russell

Debate rages in Congress over what to do with the tens of thousands of unaccompanied children who are trying to join their relatives in America. There can be no clearer sign of the need for immigration reform than children putting themselves in physical peril for a better life in the U.S. Increased legal immigration and a simpler, shorter process for crossing the border would have enormous humanitarian benefits.

But these reforms would also help solve America's economic and budgetary problems. The weak recovery and an aging population have labor-force participation hovering around its lowest rate in 35 years. America's birth rate is less than half of what it was a century ago. The cost of programs such as Medicare and Social Security is projected to raise publicly held federal debt to over 100 percent of GDP by 2036. And there is good evidence that immigration could help to address all of this.
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