Question

Briefly explain whether there are overall gains to the U.S. economy from immigration.

Answer 1

Immigration has a positive impact on the growth of the US economy as There are more available workers to the production function in various sectors which contribute toward to growth of GDP. Immigration helps the Federal, state and local government to raise the public expenditure limit as immigration helps them to collect greater revenue. Immigration has a positive impact on the economy of US as it leads to more innovation due to amalgamation of ideas, skilled workers for many economic sectors, greater educated workforce which help in enhancing the overall economic productivity. From the past evidences, economists have concluded that the effects of immigration on the Us economy is positive. According to economists, immigration has long term benefits for the native born. As most of the immigrants are employed in many economic activities due to unavailability of local workers which require more manual labour and less skills, production function increases which help in generating more jobs for the natives people. Local natives are pushed for high paying jobs which is a good sign for the Americans. A wave of talent and ingenuity also come with the immigrants which help in many innovations leading the country to prosper in many ways due to use of high technologies. Skilled and innovative immigrant labour force help towards the faster growth of GDP. According to a study in 2011, there were atleast one foreign born scholar among the top 10 Patents applied from the US universities. Most of the immigrants are the perfect substitutes for the natives in low skilled jobs which also does not effect on the employment of local people and their wages. But though there is positive impact on the economy of US due to immigration, it has many negative impacts which hampers the overall economic growth. Though immigrants pay taxes, most of them are engaged in low paying jobs which make them to use more public services provided by the government which deprive the local from their shares. Population of the country has been increasing due to immigration leading to the rapid depletion of natural resources. Local need to pay more taxes in order to enjoy public services. So though the Us economy is expanding, it has been facing many economic burdens due to the immigration.