Expanded immigration would reduce the federal deficit, some conservatives say
Source: Washington Post
Conservative champions of opening the flow of legal immigration into the United States are invoking economics in hopes of winning Republican lawmakers support specifically, the idea that more immigration will increase growth and cut the federal budget deficit.
The American Action Forum, a conservative think tank, will release an analysis on Tuesday that projects that an overhaul of immigration laws could boost gross domestic product growth by a percentage point each year over the next decade. That growth would produce tax revenue that would reduce federal deficits by a combined $2.5 trillion, according to the groups president, the economist Douglas Holtz-Eakin.
Its very important to recognize that this is a core economic policy decision, Holtz-Eakin said in an interview. Lets acknowledge the value of immigrants, he added.
Other conservative or libertarian groups are echoing that message, including the Cato Institute and Americans for Tax Reform, the anti-tax group led by Grover Norquist.
Read more: http://www.washingtonpost.com/business/economy/expanded-immigration-would-reduce-the-federal-deficit-some-conservatives-say/2013/04/08/a388e8cc-a07b-11e2-9c03-6952ff305f35_story.html
Robert Reich made a similar argument in this video he did for the TYT Network channel Townsquare (youtube.com/townsquare)
xtraxritical
(3,576 posts)Volaris
(10,266 posts)The GOP gets thier ASS kicked on a specific issue in an election, and then 6 months later, they are all of a sudden finding new CONSERVATIVE ways to get on board with the people who won the argument?
Well that's interesting, isn't it?
freshwest
(53,661 posts)And this addresses the deficit, how?
Does the invisible hand pay taxes?
How is the money supposed to get to the government?
More lying libertarian bullshit.
Their want cheap labor for higher profits which end up in the hands of the rich, not the government.
Screw 'em.