President Trump and Congress are being urged to pass new laws that would increase legal immigration in order to bolster the US economy and workforce in the coming years. A recent study conducted by the conservative group Unleash Prosperity highlighted the importance of immigrants in driving economic growth in the next few decades.
The study recommends raising the overall quota for annual immigration entries and expanding visas for high-tech foreign workers through programs like the H-1B visa. It also suggests expanding visas for seasonal workers to meet the needs of businesses.
One of the key reasons cited in the study for increasing legal immigration is the demographic shift in the US, with fewer young Americans entering the workforce and more Baby Boomers retiring. By bringing in more immigrants, the US can counter this trend and ensure a strong and growing workforce.
The study, co-authored by Richard Vedder, Matthew Denhart, and Stephen Moore, comes at a time when the Trump administration is focused on cracking down on illegal immigration. However, the study argues that with the border secure, it is now the right time to focus on expanding legal immigration.
The report highlights the positive impact of immigrants on the economy, noting that immigrants are more likely to be employed than native-born Americans. It also mentions that immigrants have been responsible for a significant portion of job growth in the US over the past decade.
Overall, the study emphasizes the importance of immigrants in driving economic growth and innovation in the US. It suggests that without a sufficient influx of immigrants, achieving the Trump administration’s goal of 3% annual economic growth will be challenging.
In conclusion, the study stresses the historical significance of immigrants in shaping the US and calls for policies that support increased legal immigration to ensure a prosperous future for the country.
