Who Are You Rooting For? Two Economists, Two Views on Immigration

3/1/2017 - Professor of Economics Giovanni Peri in the LA Times.

Manufacturing jobs used to send kids to college and up the ladder, but that got buried under a pile of bricks, and the service economy has been a pale replacement. Global realities such as automation, the spread of technology and the endless corporate quest for cheap labor are powerful forces, and pulling back on trade could hurt more than help. I could be wrong, but I don’t think any president who promises higher wages, along with lower taxes and healthcare costs, can be trusted. Even if 11 million people get deported.

Giovanni Peri of UC Davis sees illegal immigration as a positive force on the American economy.

Read the full story in the LA Times.