Posted on 08/28/2009 8:34:35 AM PDT by bs9021
Free or FAIR Immigration?
by: Anthony Kang, August 28, 2009
A new study published by the Cato Institute asserts that current U.S. immigration laws and policies run counter to the economic wellness of U.S. households and advocates legalization of illegal immigrants through visa-taxing in order to maximize immigrations benefit.
The methodology utilized in the study consists of seven different simulations, measuring six factors, and forecasts the respective long-run economic effects on the welfare of U.S. households by the year 2019.
The six different effects included in each simulation include:
a) direct effect: the change in U.S. gross domestic product (GDP)
b) occupation-mix effect: the shift in U.S. workers toward low-skilled occupations
c) capital effectt: change in U.S.-ownership of capital
d) U.S.-employment: the aggregate employment of U.S. workers
e) public-expenditure: state-spending on services such as education and health care
f) macro-price effect: movement in global prices for tradable goods and services
Many progressive commentators and Democratic politicians repudiate Americas restriction on immigration based on negative sentiment and criticism from overseas.
The Cato study conducted by Peter Dixon, faculty at Monash University (Australia), and Maureen Rimmer, Senior Research Fellow at Monash University, is based on fiscal concerns. The studys seven simulations range from tighter border-security, to internal-security (business closures and prosecutions), and liberalized entry with an optimal visa charge. Dixon and Rimmer ultimately conclude that increased restriction of illegal immigration would cost U.S. households $80 billion annually, while legalization via temporary visa programs would lead to a $180 billion increase for U.S. households.
The positive effects on the broader economy from legalization overwhelm the public-expenditure effects, the report states. This is based upon the assumption that a decreased number in immigrants cases causes decreased investment, output, and consumption.....
(Excerpt) Read more at campusreportonline.net ...
No more free rides for illegals.
“...study published by the Cato Institute...” This is where I quit reading. The Cato Institute has been pushing its open borders agenda for a couple of decades now. I don’t believe anything they “publish” on this subject.
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