Immigration is being hailed as a key driver of economic growth in the U.S., with reports indicating a significant boost to GDP and higher revenue generation compared to expenses. Various experts and institutions, including JPMorgan and the Congressional Budget Office, have highlighted the positive impact of immigration on the U.S. economy, contrasting it with struggles faced by Japan and China due to declining populations. The influx of immigrants is seen as helping the U.S. outperform other countries, particularly in Asia, by expanding the workforce, curbing inflationary pressures, and fueling GDP growth. Despite political divisions on the issue, Wall Street and economic analysts generally view immigration as a positive force for the economy.
Advocates of legal immigration say foreign-born workers have long been a key factor in U.S. economic growth. But are immigrant workers sharing in the benefits of their contributions? @johnyangtv speaks to ProPublica's @msanchezMIA for more. https://t.co/lKO1jtVIK1
🇺🇸 #Immigration Is Fueling US Economic Growth While Politicians Rage - Bloomberg https://t.co/Q7M0f36kuN https://t.co/cdTqqT8qv6
GS estimates above-trend immigration in ‘23-24 will boost potential growth by ~0.3 pct pts to 2.1% this year https://t.co/dzzHR5BM35
The US economy is powered by the hard work, talent, and entrepreneurial spirit of immigrants. They fill vital roles, start businesses, and drive innovation, propelling our nation forward. Let’s recognize and appreciate their invaluable contributions. https://t.co/UxmaAcADdF
Immigration has given the US an economic boost, while Japan & China struggle because of declining populations https://t.co/UgAx15viru Dumb idea: immigrants harm our economy. What harms our economy is foolish natives who think they entitled to a high income b/c they are Americans
“No advanced economy is benefiting from immigration quite like the US, and ‘the impact of migration has been an important part of the US growth story over the past two years.’” https://t.co/OAAUdpoHIn
Former National Economic Council Director Brian Deese says that Donald Trump's immigration policies could have an inflationary effect on the economy by constricting labor supply. Watch "Wall Street Week" tonight at 6p ET https://t.co/jq6KffEFEV https://t.co/naUpsY8kkV
Immigration is fueling US economic growth while politicians rage https://t.co/XJbgMvNwLd https://t.co/ziTfM6jIHp
JPMorgan's head of research says immigration is undeniably a "good thing" for the economy, as the bank forecasts even higher US GDP growth this year. https://t.co/b1xoDqUMhP
Immigration Is Helping the U.S. Edge Out Asia https://t.co/hNK5SLdPTZ
"JPMorgan: Immigration is boosting the U.S. economy and has been 'underestimated'" https://t.co/qldMj66YRS "From everything that we have seen, the revenues that are generated exceed the expenses." https://t.co/g3jVTgJ3Oz
The U.S. has another ace up its sleeve: big postpandemic immigration inflows Immigrants have helped cap inflationary pressures by expanding the workforce and will boost growth and public finances for years https://t.co/UpQ0I26aUI @WSJheard @MeghaMandavia @nate_taplin https://t.co/ac5p4LMXEH
"Immigration Is Helping the U.S. Edge Out Asia: Antipathy toward large-scale foreign labor is emerging as Asia’s Achilles’ heel" 💥🚀🇺🇸https://t.co/NrVJaK5Vjl https://t.co/5Zs7sWcLyW
Last month, the nonpartisan Congressional Budget Office calculated that immigration will generate a $7 trillion boost to GDP over the next decade. The agency came to that conclusion after incorporating the recent surge in immigration. https://t.co/idYwCyRlZG
Immigration Is Helping the U.S. Edge Out Asia - WSJ https://t.co/fmtMebfhjF
"Immigration Is Fueling US Economic Growth While Politicians Rage" https://t.co/7cmVlqJ7LK https://t.co/Tz7m6BVkYG
Immigration Is Biden’s biggest political liability — and strength? Some economists saying it’s the reason why US is outperforming China, Japan & others — and achieved a “soft landing” https://t.co/071e29UHZx
While immigration in the US sows division among politicians, almost everyone on Wall Street seems to be on the same, upbeat, page about the issue https://t.co/kPwzibBZ4K
JPMorgan research boss says immigration is benefiting the U.S. economy https://t.co/FZGRDrYZbU
Heard on the Street: Immigration has given the U.S. an economic boost, while Japan and China struggle because of declining populations https://t.co/1LjP4ukGNe https://t.co/1LjP4ukGNe