1,500 economists to Trump: Immigrants are good for the U.S. economy
In a letter to President Trump and top Congressional leaders Wednesday, nearly 1,500 economists extolled the economic benefits immigrants bring to the U.S. and urged Congress to "modernize" the country's immigration system.
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"mmigration is one of America's significant competitive advantages in the global economy," the letter said. "With the proper and necessary safeguards in place, immigration represents an opportunity rather than a threat to our economy and to American workers."
Among the economic benefits that immigration brings are entrepreneurs who start businesses, young workers who replace retiring Baby Boomers and people with diverse skill sets to keep American companies competitive and innovative in high-growth fields like STEM, the letter stated.
The letter was signed by economists from across the political spectrum, including Douglas Holtz-Eakin, who served under President George H.W. Bush, and Austan Goolsbee, the former chairman of President Obama's Council of Economic Advisers. The group also included six Nobel laureates.
http://money.cnn.com/2017/04/12/news/economy/economists-immigrants-economy-trump/index.html?category=economy
