Re: Undocumented Immigrants Boost Economy

JAB wrote:

US Govt. Report: Undocumented Immigrants Boost Economy
 Based on an estimated increase of 1.7M immigrants per year from
2021-2026, a US Congressional Budget Office (CBO) report says the
country will see an increase of $1.7T in federal revenue from
2024-2034 and a $897B decrease to the federal deficit.
 This figure is based on projections that through their participation
in the labor market, they will pay $788B in taxes, adding $387B in
federal revenue through their general effect on the economy
 Regarding the children of immigrants who are born in America, the
report says their access to welfare will increase total federal
program expenditures and debt interest by $300B over the 10-year
period, resulting in an additional $23B in mandatory spending in
2034.[2]
 Regarding the debt, the report states that while undocumented migrants
will lead to a debt reduction of $4B from 2024-2028, their presense in
the country will increase debt spending by $101B between 2024 and
2034.[1]
 Their overall participation, however, is estimated to lead to an $8.9T
increase to the nation's gross domestic product (GDP) over the 10
years.[2]
 https://www.improvethenews.org/story/2024/us-govt-report-undocumented-immigrants-boost-economy

https://voxday.net/2015/09/25/immigration-and-new-job-creation/
 > Not counting undocumented workers, the U.S. has been "strengthened" by
 > adding an average of 1,090,520 legal immigrants annually, which, when
 > combined with the reports of the study, means that from 2000 to 2015,
 > immigrants should have created 19.6 million new jobs for native workers in
 > addition to supplying approximately 10.6 million new jobs themselves. (The
 > latter must be the case due to the new jobs reportedly going to native
 > workers and is a conservative estimate based on the EPR). This amounts to
 > a total of 30.2 million new jobs created by immigration since 2000.
 >
 > Now let’s look at the numbers from 2000 to 2015. In January 2000, the
 > working age population of the United States was 178,259,050 and the
 > Employment-Population Ratio was 64.6, meaning there were 115,155,346 jobs.
 > Therefore, according to the NBER model, the beneficial effects of
 > immigration are such that after 15 more years of it there should be
 > 145,355,346 jobs in 2015.
 >
 > In March 2015 the working age population had grown by nearly 15 million to
 > 204,026,416, which is in line with the 10.6 million new immigrant workers,
 > but population grew to nearly 320 million and the EPR fell to 59.3.That
 > works out to 120,987,665 jobs, which is a mere 24,367,681 fewer jobs than
 > the NBER model predicted. From 2000 to 2015, 16.4 million new immigrants
 > have created a grand total of 5,832,319 new jobs, which means that either
 > a) over 10 million native Americans have lost their jobs to immigrant
 > labor or b) over two-thirds of the new immigrants are collecting welfare.
 > Either way, these 16.4 million immigrants have not been a boost to the
 > economy.