Study Shows Comprehensive Immigration Reform Would Add $1.5 Trillion to GDP
- February 27th, 2010
- Posted in immigration reform
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Dr. Raúl Hinojosa-Ojeda, an Associate Professor at UCLA, has published a compelling study entitled, “Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform.” The study applies economic models and equations to calculates the economic impact of legalizing unauthorized workers. According to the study, comprehensive immigration reform will contribute $1.5 trillion to the GDP over a 10 year period, generate billions of dollars in tax revenue and consumer spending and support hundreds of thousands of jobs. The study also considers the economic impact of a temporary worker program and mass deportation. It shows that a temporary worker program would generate $792 billion over ten years, which is half the economic impact of comprehensive immigration reform. On the flip side, mass deportation would cost the economy $2.6 trillion in lost, cumulative GDP over ten years.
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