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Beiträge, die mit illegalimmigration getaggt sind
Excellent podcast breaking down the overwhelmingly positive economic impact of immigrants on countries clever enough to not keep them out or deport them:
https://overcast.fm/+YsPQ5tRa0
Key takeaways:
-Remember the Chinese Exclusion Act? This 1882 law was America's 1st shot at restricting immigration. It was an economic disaster. The number Chinese workers in the US dropped by 65%, which led to businesses - especially in small towns in the West, where the Chinese Exclusion Act was the most popular - shutting down due to the sudden drop in (Chinese) patrons. This, in turn, threw non-Chinese workers out of work. The negative impact of the Chinese Exclusion Act on the US economy lasted 58 years!
-Over 20 years of research on the economic impact of immigration found that countries that welcome immigrants reap massive economic benefits from doing so. Five reasons for this:
1) Talent: immigrants typically fill jobs that non-immigrants can't or won't do, or when there's simply not enough workers available to do those jobs.
2) Consumption: Immigrants increase the demand for goods and services, not leaste because they have to replace everything they left behind when they immigrated! But they also introduce new categories of products, services, and brands from their old lives to their new countries.
3) Taxes: Immigrants - even undocumented immigrants - pay sales taxes, payroll taxes, road tolls, etc. So much so that the taxes they pay in their new countries exceeds the amount of government services they use, which means that they actually subsidize government services for non-immgrants! How much? Each immigrant to the US pays out $250,000 more in taxes than they use in services, on-average, over their lifetimes.
4) Investment: For every 1% increase in the number of immigrants in a particular US state, that state is 50% more likely to receive foreign investment from the country those immigrants came from (what, did you think it was a coincidence that California has 72 Jollibee locations?). Also, immigrants are 80% more likely than non-immigrants to start their own businesses in their new countries.
5) Innovation: One out of every three patents in the US are filed by immigrants. Almost half of all Fortune 500 companies are headed by an immigrant or the child of immigrants.
Kiss all of that goodbye in 2025, America!
#immigration, #deportation, #trump, #migrants, #illegalimmigration
https://overcast.fm/+YsPQ5tRa0
Key takeaways:
-Remember the Chinese Exclusion Act? This 1882 law was America's 1st shot at restricting immigration. It was an economic disaster. The number Chinese workers in the US dropped by 65%, which led to businesses - especially in small towns in the West, where the Chinese Exclusion Act was the most popular - shutting down due to the sudden drop in (Chinese) patrons. This, in turn, threw non-Chinese workers out of work. The negative impact of the Chinese Exclusion Act on the US economy lasted 58 years!
-Over 20 years of research on the economic impact of immigration found that countries that welcome immigrants reap massive economic benefits from doing so. Five reasons for this:
1) Talent: immigrants typically fill jobs that non-immigrants can't or won't do, or when there's simply not enough workers available to do those jobs.
2) Consumption: Immigrants increase the demand for goods and services, not leaste because they have to replace everything they left behind when they immigrated! But they also introduce new categories of products, services, and brands from their old lives to their new countries.
3) Taxes: Immigrants - even undocumented immigrants - pay sales taxes, payroll taxes, road tolls, etc. So much so that the taxes they pay in their new countries exceeds the amount of government services they use, which means that they actually subsidize government services for non-immgrants! How much? Each immigrant to the US pays out $250,000 more in taxes than they use in services, on-average, over their lifetimes.
4) Investment: For every 1% increase in the number of immigrants in a particular US state, that state is 50% more likely to receive foreign investment from the country those immigrants came from (what, did you think it was a coincidence that California has 72 Jollibee locations?). Also, immigrants are 80% more likely than non-immigrants to start their own businesses in their new countries.
5) Innovation: One out of every three patents in the US are filed by immigrants. Almost half of all Fortune 500 companies are headed by an immigrant or the child of immigrants.
Kiss all of that goodbye in 2025, America!
#immigration, #deportation, #trump, #migrants, #illegalimmigration