Friday, March 31, 2006

Immigration, continued...

"Over the past decade, economists such as Borjas have examined the impact of a surge of illegal immigration on wages and the economy at large. Most agree that the influx has had a small but positive impact on the national economy, holding down consumer prices, improving the productivity of the workforce and increasing demand for goods and services.

Upper-middle-class consumers can dine at restaurants, stay at hotels, and have their cars hand-washed and their house windows cleaned for far less than they would without illegal immigration. An abundant supply of low-wage workers may have spurred more investment in labor-intensive businesses. Giovanni Peri, an economist at the University of California at Davis, estimates that immigration in the 1990s actually boosted the average wage of native workers by 1.1 percent." - (WP)

WP: Guest-worker plan divides allies


Post a Comment

<< Home