Clinton's immigration plan could help economy more than Trump's, most economists say

10/31/2016 - Professor of Economics Giovanni Peri in the LA Times.

Forget about tax plans and spending programs, trade deals and regulatory reform.

When it comes to influencing the speed and direction of the economy, few things will matter more than how the next president deals with the millions of immigrants in the country illegally, and just as crucially, how many new legal immigrants are allowed in each year.

...

Besides increasing the labor force, even low-skilled immigrant workers add to the economy as consumers. Giovanni Peri, a specialist in international migration economics at UC Davis, said they also hold down costs of farm goods as well as services, and create opportunities for businesses to add higher-paying jobs in sales, clerical or management that are more attractive and likely to be taken by native-born workers.

Read the full story in the LA Times.