Friday, September 23, 2016

Most Immigrants a Net Loss to U.S.

A John D. and Catherine T. MacArthur Foundation-supported think tank, The National Academies of Science, Engineering, and Medicine, has issued a report examining the economic impact of immigration. It's a long report, nearly 500 pages, and the authors did their best to bury, to obfuscate the negative impacts of immigration.

Fortunately, the diligent folks at Breitbart have done the digging for us, and here's what they found:
It shows how each new unskilled immigrant costs state and local taxpayers $1,600 per year. It shows how the annual cost of legal and illegal immigration to state and local taxpayer is at least $57 billion, and that each unskilled immigrant is a net loss to taxpayers for the next 75 years.

Immigration cuts working Americans’ wages by roughly 5.2 percent per year, or a total of $500 billion per year. That $500 billion ‘immigration tax’ is scooped up by new low-wage immigrants and by the owners of companies which employ the new immigrants.

Deep in the report, it says that state and local taxpayers lose at least $57 billion per year hosting the current wave of legal and illegal immigrants, because the migrants can’t earn enough money or pay enough taxes to fund the various benefits they and their children get from American taxpayers.
Most of us supporting Trump already knew this intuitively, but it is good to have empirical confirmation of our belief. Victor Davis Hanson has been telling us this for years.

It's time for us to be selective about immigrants, as Australia is. We should admit "makers," not "takers." Build the wall.