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Immigrants and American Prosperity |
| Section: CURRENT ISSUES / SPECIAL REPORT--IMMIGRANTS AND AMERICA |
| Author: |
| Publication: The world & I online |
| Issue Date: 2/1/2004 |
| Size: 96 Words, 716 Characters |
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Immigrants affect the economy in much the same way that labor-saving technical innovations...
. . .
...tions.
But just as workers lose when labor-saving innovations displace them, Americans who compete for jobs with low-wage immigrants lose.
Working immigrants enhance the well-being of Americans, just as the steam engine, electricity, and computers have undoubtedly raised Americans' living standards.
The reason is simple: both immigrants and innovations reduce the costs of production.
(90 of 716 characters)
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