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Halls of Shrewd'm / US Policy
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Author: very stable genius   😊 😞
Number: of 48447 
Subject: Immigrants Boost U.S. Economy?
Date: 02/08/2024 4:33 PM
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As anyone even vaguely familiar with how Capitalism works already knows...

"The labor force in 2033 will be larger by 5.2 million people, because of higher net immigration."
"As a result of those changes in the labor force, we estimate that, from 2023 to 2034, GDP will be greater by about $7 trillion and revenues will be greater by about $1 trillion than they would have been otherwise."
Congressional Budget Office (CBO) Director Phill Swagel said in a statement.

https://www.cbo.gov/publication/58848

And there's more...CNN reported last year that undocumented immigrants contribute billions to federal tax revenue by filing with individual taxpayer identification numbers.

https://www.cnn.com/2023/04/18/us/undocumented-imm...

It’s an invasion alright. An invasion of economic growth, tax revenue and fiscal sustainability.
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