I’ve noticed a bit of chatter lately about how immigration has been helping grow the U.S. economy while combatting inflation. The American Action Forum’s Doug Holtz-Eakin wrote about this in January. NBC News covered the same topic earlier this month. And yet this is all happening with a U.S. legal immigration system that is sorely out of date. The immigrants helping boost the economy? Many of them are the migrants entering at the U.S. southern border who don’t have a legal pathway other than our strained asylum system.
Anyone who follows Doug’s work knows that good immigration policy is good economic policy. Reasonable people can disagree about what good immigration policy is, but one thing is clear from the recent economic growth we’ve experienced: Adding immigrants to our labor force – regardless of their educations, skills, or pathway to the U.S. – grows the economy. The U.S. could accelerate this growth by actually reforming our immigration system to admit workers whose educations and skills match current labor force gaps.
Current U.S. immigration policies don’t maximize economic benefit. It’s up to Congress to fix that.