Immigration in America Essay Example | Topics and Well Written Essays - 1500 words

Immigration in America - Essay Example 1). Modern America is judged by its immigrant past, present, and future. Americans need to comprehend the issue of immigration with clarity of mind to shift to a system wherein economic stakes and cherished ideals both are taken well care of (Griswold 4). Need of the hour is to initiate immigration reforms for creating more job opportunities. Job market is getting compressed due to directionless policies of the Obama government. Only pro-economy immigration reform can help in creating jobs. As per the CATO Institute, wider immigration reforms would increase the U.S. gross domestic product (GDP) by .84 percent each following year with the passing of the reform bill. Immigration reform would also result in an increase in the net personal income by $30 to $36 billion in the initial three years, an outcome of earned legalization from higher earning capacity of newly-legalized jobbers. It would help in reducing the federal deficit by a cumulative amount of $2.7 trillion across the initial 10 years of the immigration reform (Ortiz â€Å"Immigration Reform,† par. 2-3). It is a wrong general perception that unregistered immigrants have negatively impacted the U.S. ... rants contribute in the economic growth by paying taxes in between $20,000 to $80,000 more than they enjoy through public benefits (Ortiz â€Å"Immigration Reform,† par. 4). An open economic policy towards immigration can help the economy better through increased production, made possible through labor, human capital, and the hard-working nature of immigrants. Immigrant labor do not compete with American labor, rather they add-on to native workers by filling niches areas of the job market (Griswold 1). A new impartial report from with Congress has revealed that immigration is good for America. It has confirmed that excessive cost predictions of an overhaul are not true. Charting a road to citizenship for millions of illegal unskilled, skilled, and farm workers is going to benefit the whole of America economically. If the new law over immigration comes into force, it would increase direct federal spending by $262 billion from 2014 to 2023, including the Medical expenses randoml y claimed to be costs by anti-immigration politicians; these are the costs but taxpayer-funded. It would add revenue of $459 billion over the same time to the Treasury, because of the additional income generated by immigrants and payroll taxes forked over by the same immigrants. After deducting the expenses from the income generated, it is expected to garner revenue of $197 billion. Future forecast is also positive during 2024 and 2033, with a deficit cut of $700 billion. Further analysis by CBO of adding 10.4 million permanent citizens to the American population by 2023, which includes 1.6 million temporary workers along with their families, would strengthen the U.S. labor force by another 6 million. It is going to increase gross domestic product by 3.3% in 2023 and 5.4% in 2033 (New York Daily