0

The Immigration Effect #IHM2018 #ImmigrantHeritageMonth #CelebrateImmigrants

Preview lightbox adafruit immigrant heritage month blog

In celebration of the many benefits immigration has brought to this country here is an interesting article from Pro Publica about the potential boon immigration could have for the US economy. There is also an interactive graph you can play with showing the predicted effect of different immigration rates.

The Immigration Effect

In an analysis for ProPublica, Adam Ozimek and Mark Zandi at Moody’s Analytics, an independent economics firm, estimated that for every 1 percent increase in U.S. population made of immigrants, GDP rises 1.15 percent. So a simple way to get to Trump’s 4 percent GDP bump? Take in about 8 million net immigrants per year. To show you what that really looks like, we’ve charted the effect below. You can see for yourself what might happen to the economy if we increased immigration to the highest rates in history or dropped it to zero – and everything in between.

“Immigration is a great economic policy opportunity and it’s important to document the impact of that,” said Douglas Holtz-Eakin, an economist who served on the President’s Council of Economic Advisers in both Bush administrations. He agreed with the basic conclusions of Moody’s analysis, and said that 1.15 percent was a reasonable estimate of the effect of immigration on GDP.

Read more!


Join 7,000+ makers on Adafruit’s Discord channels and be part of the community! http://adafru.it/discord

CircuitPython in 2018 – Python on Microcontrollers is here!

Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Follow Adafruit on Instagram for top secret new products, behinds the scenes and more https://www.instagram.com/adafruit/


Maker Business — American startups are having an increasingly smaller share of the market

Wearables — Switch the advantage

Electronics — Don’t float!

Biohacking — Optimizing the Warm Up

Python for Microcontrollers — CircuitPython 3.0.0 released!

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at AdafruitDaily.com !



No Comments

No comments yet.

Sorry, the comment form is closed at this time.