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In order to defend a new immigration policy, it is essential to understand the system as it stands.
Much of current immigration policy stems from the Immigration and Nationality Act of 1965, which sets a limit of 675,000 permanent immigrants per year, with certain exceptions.
Basic economics indicates that an increase in the labor supply (more immigrants = more workers) should drive down wages, all else being equal.
Still, some researchers find little evidence of depressed wages in response to increased immigration.It may be that native-born workers and immigrants are more often complements than substitutes; that is, immigrants fill jobs that native-born workers do not want or for which they are not qualified.Immigration can also energize the economy by bringing entrepreneurs, innovators, and consumers into the economy.However, since many immigrants earn lower incomes, on average, than the native-born population, they may be more likely to use certain services, thereby placing extra burden on government programs.The unique social impact of undocumented immigrants is also important to note: nearly half of undocumented immigrants pay taxes toward benefits—namely social security and Medicaid—that they are ineligible to receive.I chose this site for affordable prices and excellent support. People come to us to get assistance with their academic tasks and get just that.We do not ask why you are unable or not willing to do it on your own once you contact us with words like “Help me do my homework.” You must have your reasons, and our main concern is that you end up getting a good grade.Policy decisions about what types of individuals should be allowed to immigrate legally, how many immigrants to allow, how and whether to provide undocumented immigrants a path to citizenship, whom to deport, and how to secure borders are hotly debated, and any immigration reform will have ethical, political and economic ramifications.With this in mind, the Federal Reserve Bank of Minneapolis is asking students in its 31st annual essay contest to use economics to describe and defend an effective immigration policy.Additionally, some see immigration as a potential answer to slower population growth and large-scale retirement in an aging workforce.As you answer the prompt to “use economics to describe and defend an effective immigration policy,” keep in mind that your idea of an effective outcome may not be the same as someone else’s, and there are many options available.