So, not long ago I used the topic of immigration as an example of a political debate that was very hard to unravel. Is immigration (illegal or otherwise) good or bad for the U.S.? I read a bit on the topic (for about an hour) and discovered a dense mush of opinions. It was very difficult to get a straight answer.
Today I stumbled across an article that claims to have an answer. The author claims that immigration does hurt low income workers who compete with immigrants for jobs, but benefits employees who can press for lower wages.
Here’s a key paragraph.
The fiscal burden offsets the gain from the $50 billion immigration surplus, so it’s not too farfetched to conclude that immigration has barely affected the total wealth of natives at all. Instead, it has changed how the pie is split, with the losers—the workers who compete with immigrants, many of those being low-skilled Americans—sending a roughly $500 billion check annually to the winners. Those winners are primarily their employers. And the immigrants themselves come out ahead, too. Put bluntly, immigration turns out to be just another income redistribution program.
Do I buy it? It’s definitely the clearest documents I read on the subject. I suspect there’s more to the quagmire (and the author has a whole book on the topic) but maybe it just got a bit more transparent.