On one of my political forums, immigration is a hot topic.
Many seem to want to ship all the illegals out of the country without a second thought.
Do these people not buy food?
Pay rent?
Buy clothes?
Do we not collect tax revenue from their purchases, despite them not paying income tax?
At the very least, I urge these non-thinking morons to consider how the lost consumption and decreased tax revenue would affect their city and state.
Today, I saw a study synopsis which claims “Study predicts $1.5 trillion increase in GDP if undocumented immigrants are legalized.”.
All immigrant workers in this scenario have full labor rights, which results in higher wages — and higher worker productivity—for all workers in industries where large numbers of immigrants are employed. As wage and productivity levels rise, the U.S. economy’s demand for new immigrant workers actually declines over time as the market shrinks for easily exploited, low-wage, low-productivity workers. […]
The higher earning power of newly legalized workers translates into an increase in net personal income of $30 to $36 billion, which would generate $4.5 to $5.4 billion in additional net tax revenue. Moreover, an increase in personal income of this scale would generate consumer spending sufficient to support 750,000 to 900,000 jobs…
Consider that, morons.
Course, opponents are likely the same geniuses who think that a minimum wage hurts business.
Well here geniuses – let me give an off-the-cuff explanation.
If all your city has is greedy-bitch business owners paying peanuts (minimum wage is less now than it was 30 years ago, adjusted for inflation) to their employees – who’s going to buy your products?
The only people who can afford it would be the business owners.
A higher minimum wage helps us all, despite the stupidity of the naysayers who don’t understand logic.
Read more at:
http://thinkprogress.org/2010/01/07/hinojos-immigration/