Washington Wire - WSJ.com : Gauging the Impact of Immigration
This is completely incosistent with all studies on the economic impact.
Taking out the emotional side of the issue and just looking at the economics, it is clear that even with 12 million undocumented workers, we are still at one of the lowest unemployment levels ever below 5% (S. Florida is 3.6%). Further, a Pew Study shows that 85% of the 12 million undocumented workers are 18-44 years old. Social Security Actuaries calculated that in the next 75 years immigrants will pay $5 trillion in payroll taxes than they will receive in Social Security benefits. As a matter of fact, the Z-visa proposed in Immigration reform is a registration (a la Ellis Island but with strict background and language requirements) prior to qualifying for a Green Card. In other words, it does not allow them to claim social security for at least 10 years (until they can claim a Green Card). The best experiment was Mariel — when several hundred thousands Cubans arrived. Miami’s economy suffered the first year and then outpaced the national economy the following year. Finally, Immigration laws have changed at least 20 times in the past 100 years to adapt to the economy’s needs.
Comment by Carlos Erban - August 30, 2007 at 3:12 pm
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