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01-07-2010, 11:41 AM #1
Study predicts $1.5 trillion increase in GDP,if imm legalize
Study predicts $1.5 trillion increase in GDP if undocumented immigrant are legalized.
A new study by University of California at Los Angeles professor Raúl Hinojosa-Ojeda suggests that comprehensive immigration reform, which includes an earned path to legalization for undocumented immigrants, could generate at least $1.5 trillion in added U.S. gross domestic product over 10 years. Hinojosa explains the data behind his immense calculation:
All immigrant workers in this scenario have full labor rights, which results in higher wages — and higher worker productivity—for all workers in industries where large numbers of immigrants are employed. As wage and productivity levels rise, the U.S. economy’s demand for new immigrant workers actually declines over time as the market shrinks for easily exploited, low-wage, low-productivity workers.
The higher earning power of newly legalized workers translates into an increase in net personal income of $30 to $36 billion, which would generate $4.5 to $5.4 billion in additional net tax revenue. Moreover, an increase in personal income of this scale would generate consumer spending sufficient to support 750,000 to 900,000 jobs…
According to Hinojosa, a mass deportation program often cited by right-wing enforcement-only advocates would actually result in a loss of $2.6 trillion over ten years while a solution that only consists of a temporary worker program that labor unions vehemently oppose and some moderate Republicans support would only yield $792 billion increase in GDP and also lead to a decrease in wages.
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01-07-2010, 11:43 AM #2
More on Raul Hinojosa of UCLA
Raul Hinojosa-Ojeda is an associate professor of political economy at the University of California at Los Angeles, and the MSM frequently turns to him for a "Latino" viewpoint. For instance from 2001:
-- IMMIGRATION: The recently released UCLA study on the economic impact of the broad legalization of undocumented Mexican immigrants working in the United States is reported in today's Agence France-Presse, Copley News Service and Associated Press. Raul Hinojosa-Ojeda, director of UCLA's North American Integration and Development Center and author of the study, is quoted in each article.
AP: "Study favors legalization of undocumented workers"
AFP: "Legalizing undocumented workers has economic benefits for US"
CNS: "Legalization of immigrants could help economy, study says"
Unfortunately, none of those appear to be available online. And, Hinojosa was mentioned in Business Week's story about corporations profiting off illegal immigration:
[Hinojosa's startup No Borders Inc.] offers debit-like cards on which immigrants can store cash, send money home, pay for video teleconferencing calls, and join medical discount plans. Going head-to-head with First Data Corp.'s Western Union Financial Services and other wire transfer services, No Borders plans to open 150 storefronts from Los Angeles to Georgia by September.
So, the author of an academic study favoring legalizing illegal aliens is profiting off illegal immigration. That sure gives me a great deal of confidence in his research.
But, wait, there's more. Hinojosa was also on the one-sided panel at First Data's "immigration reform" confab where a fight broke out (see "The Denver Post's sloppy journalism" for recent news about that incident).
And, there's even more! He's also the brother of CNN correspondent Maria Hinojosa, who brought us the documentary "Immigrant Nation - Divided Country".
Isn't it interesting how all these supporters of massive illegal immigration are interlinked?
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01-07-2010, 11:57 AM #3
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I bet he forgot to do the math, re subtracting what little they contribute from the incredible amount they take out.
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01-07-2010, 12:22 PM #4Originally Posted by melena29Never give up! Never surrender! Never compromise your values!*
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NO MORE ROTHSCHILD STOOGES IN PUBLIC OFFICE!!!
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01-07-2010, 01:46 PM #5
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What Raul has also forgotten is that the majority of money earned here ends up getting sent out of the country, rather than spent here. As far as paying taxes, they won't and even if they do, they will still take more out of social services than they pay in.
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01-07-2010, 01:55 PM #6Originally Posted by avenger
They need to think with their heads and not their heart!
Heart thinking will sink the USA quicker than Obama is trying to.
Heart thinking keeps battered women with the abuser.
Head thinking gets them out of the situation!If Palestine puts down their guns, there will be peace.
If Israel puts down their guns there will be no more Israel.
Dick Morris
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01-07-2010, 01:57 PM #7
What he doesn't mention here is that the Heritage Foundation determined that it would cost taxpayers $2.4 trillion if amnesty was passed.
RIP TinybobIdaho -- May God smile upon you in his domain forevermore.
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01-07-2010, 03:01 PM #8
Is this one of the statisticians that proved global warming is caused by man?
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01-07-2010, 03:25 PM #9
Here's an estimate for you Raúl Hinojosa-....cost of illegal aliens to American citizens is $346 billion dallars a year...that amounts to over $1 trillion every 3 years , that is way over 3 trillion in ten years..UMMMM! I would be more accurate but am in a hurry
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