Immigration Powers US Economic Growth Amid Political Controversy
Recent data reveals immigration's significant contribution to the US economy, with a $7 trillion GDP boost projected over the next decade.
- Immigration has led to a surprising pace of job growth in the US, contributing significantly to the economy.
- The Congressional Budget Office estimates a $7 trillion increase in GDP over the next decade due to immigration.
- Wall Street analysts, including those from Goldman Sachs and JPMorgan, have revised economic growth forecasts upwards.
- Political debate intensifies as the number of undocumented immigrants surges, despite the economic benefits.
- Immigrant workers now make up about one in five US workers, a record high, fueling employment and consumer spending.