Commentary: Immigration Reform for an Up or Down Economy

Summary

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Immigration is overwhelmingly about economics. If any doubts linger, they should be wiped away by the decline in the U.S. foreign- born population last year.

In a growing economy, rising labor demands by businesses and, ultimately, consumers not met by the native-born population translate into increased immigration. That is, immigrants see opportunity in meeting those labor needs.

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Extract

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Commentary: Immigration Reform for an Up or Down Economy

But the U.S. economy slipped into recession in very late 2007. According to the U.S. Bureau of Labor Statistics current population survey, from November 2007 to September 2009, U.S. employment fell by 7.8 million. September...

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