Effective immigration reform can be a powerful instrument of economic revitalization. By increasing the overall population and particularly the number of working-age labor force participants, reform can help expand the economy, contribute to higher overall average wages, generate more consumer spending, and spur new demand for residential housing construction. By supporting stronger economic growth, immigration reform can also reduce the federal budget deficit substantially.
Nobel Prize Winner’s Ideas ‘Nudge’ Public Policy
Economy, Retirement and Personal Savings