The opponents of immigration reform are hampering the economy–and hurting all of us
From an Economic standpoint, the battle over immigration reform has always been utterly baffling to me. Immigrants, or the children of immigrants, founded 40% of this country’s Fortune 500 firms and untold millions of smaller businesses. They are the key reason that the U.S.’s population growth, and thus its economic growth, is predicted to be higher than that of most of the rest of the rich world over the next couple of decades. Immigrants are the difference between an economy growing at a healthy 3% rate and a sluggish 2%. Why wouldn’t we want as many of them as we can get?