Cato Study: would our nation be broke without immigrants?

[Tiny]

Recent increases in immigration have rekindled concerns about their effects on government budgets. This paper updates a model of these effects first developed by the National Academies of Sciences, Engineering, and Medicine (NASEM) to shed light on how immigrants, both legal and illegal, and their children affect government budgets. This analysis is the first to estimate the cumulative fiscal effect of immigrants on federal, state, and local budgets over 30 years.

The government first began gathering detailed information on benefits use by citizenship status in 1994. The data show:

For each year from 1994 to 2023, the US immigrant population generated more in taxes than they received in benefits from all levels of government.

Over that period, immigrants created a cumulative fiscal surplus of $14.5 trillion in real 2024 US dollars, including $3.9 trillion in savings on interest on the debt.

Without immigrants, US government public debt at all levels would be at least 205 percent of gross domestic product (GDP)—nearly twice its 2023 level.

These results, which do not account for any of immigration’s indirect, tax-revenue-boosting effects on economic growth, represent the lower bound of the positive fiscal effects. Even by this conservative analysis, immigrants may have already prevented a fiscal crisis.


https://www.cato.org/white-paper/imm...gets-1994-2023

[txdot-guy]

Anyone with a brain and a lack of bias has already come to this conclusion because it’s so damned obvious.

It’s good that an independent organization has at least put the numbers to it.

[Precious_b]

Originally Posted by Tiny

For each year from 1994 to 2023, the US immigrant population generated more in taxes than they received in benefits from all levels of government.

...

I've always stated that.

Maggies here have always jeered it when posted.

[CPT Savajo]

Yes the nation would be broke without immigration and it's broke with immigration. More immigrants equates to more debt being issued. The Fed has to issue debt or the system freezes up.

Just from 1971 to 1993 was bad enough, before the study was conducted. I don't trust the numbers in the Cato report from 1994 to 2023 because the numbers can always be massaged. Since the Biden/Harris disaster presidency the immigrants they allowed in by volume has hurt America and wrecked state and local municipality budgets. Can you imagine the logistics it cost and cash the government had to borrow from the Fed to take care of the new arrivals? It cost American taxpayers billions upon billions of dollars. The new arrivals under Biden were a liability to America as they had no assets. All America received were poor people from 3rd world nations. The millions of new immigrants also caused rents to go up around the country and food prices to go up as there are more dollars in existence chasing a smaller supply of goods.

[pxmcc]

interesting study Tiny!

i knew a robust guest worker plan makes perfect economic sense but i was shocked with the #s AI came up with as to the positive $ amount of economic impact on the federal budget.

anyone opposed to immigration on economic grounds is either deluded or knowingly pushing propaganda.

[ICU 812]

Immigration and immigrants have always been a strength for the USA. It is a smajor part of our heritage as a people and a significant tradition for us as a nation. It could be said that mmigration and immigrants are the American story.

In the four years of the previous administration, several-to-many millions of foreign nationals from every part of the world were allowed to enter without screening or regulation of any sort. These millions have not been absorbed into the fabric of American society the way immigrants were in centuries past. In places, this influx has distorted our society to the point that entire cities now have taken on the character of far away places most Americans would not want to visit as a tourist.

No country can retain its national character, traditions or social; structure if it has no control of its borders. Who enters, who stays and who leave are central to the issue of immigration and immigrants.

NO. . In past centuries, ever since the 1607 when first colonists came to Virginia in in small boats, Immigration by itself and immigrants as individuals have been a our strength, not a problem.

The problem today is he uncontrolled influx of millions of people, some say twelve some say twenty, from anywhere and everywhere, over a short span of time defiantly is a problem with adverse effects on for America's society culture and way of life in this, the Twenty-First Century.

[Tiny]

Originally Posted by pxmcc

interesting study Tiny!

i knew a robust guest worker plan makes perfect economic sense but i was shocked with the #s AI came up with as to the positive $ amount of economic impact on the federal budget.

anyone opposed to immigration on economic grounds is either deluded or knowingly pushing propaganda.

Same here pxmcc, I agree 100%, except I would have said "sadly misinformed" instead of "deluded."

And what's saddest of all is that Stephen Miller may just run off all the Latina strippers.

https://youtu.be/iX_TFkut1PM

Bye, Bye Cuban pieanny. This'll be the day that I die.

[Salty Again]

Originally Posted by ICU 812

Immigration and immigrants have always been a strength for the USA. It is a smajor part of our heritage as a people and a significant tradition for us as a nation. It could be said that mmigration and immigrants are the American story.

In the four years of the previous administration, several-to-many millions of foreign nationals from every part of the world were allowed to enter without screening or regulation of any sort. These millions have not been absorbed into the fabric of American society the way immigrants were in centuries past. In places, this influx has distorted our society to the point that entire cities now have taken on the character of far away places most Americans would not want to visit as a tourist.

No country can retain its national character, traditions or social; structure if it has no control of its borders. Who enters, who stays and who leave are central to the issue of immigration and immigrants.

NO. . In past centuries, ever since the 1607 when first colonists came to Virginia in in small boats, Immigration by itself and immigrants as individuals have been a our strength, not a problem.

The problem today is he uncontrolled influx of millions of people, some say twelve some say twenty, from anywhere and everywhere, over a short span of time defiantly is a problem with adverse effects on for America's society culture and way of life in this, the Twenty-First Century.

... Cost analysis:

... Half the immigrants - illegal or other-wise are on
the public dole-out... Relief... Welfare Programmes.

... If THAT don't help BREAK the nation - nothing will. ..

#### Salty

[Tiny]

Originally Posted by Salty Again

... Cost analysis:

... Half the immigrants - illegal or other-wise are on
the public dole-out... Relief... Welfare Programmes.

... If THAT don't help BREAK the nation - nothing will. ..

#### Salty

Not true Salty. Please see Figures 3, 4 and 6 in the link.

[Salty Again]

... That's IF one believes the Study, mate...
I don't believe it.

And there's a GREAT difference between "legal immigrants"
over the years - and illegal immigrants pouring over the border.
Which is me problem with the Study.

#### Salty

[rooster]

Originally Posted by Salty Again

... That's IF one believes the Study, mate...
I don't believe it....

And there's a GREAT difference between "legal immigrants"
over the years - and illegal immigrants pouring over the border.
Which is me problem with the Study.

Of course you don't believe it. But you have nothing to back up your "belief." It is just rote repetition of MAGA denial.

Your comments that your "problem with the study" is because of the "difference" between legal and illegal immigrants proves you didn't even read Tiny's post. You just made a judgment. A very bad, inaccurate judgment. Because...surprise, surprise...the first paragraph of the paper...and of the post... reads

"This paper updates a model of these effects first developed by the National Academies of Sciences, Engineering, and Medicine (NASEM) to shed light on how immigrants, both legal and illegal, and their children affect government budgets."

So...just WHAT is your problem, exactly?

.

[rooster]

Originally Posted by CPT Savajo

...I don't trust the numbers in the Cato report from 1994 to 2023 because the numbers can always be massaged....

Similarly, your lack of "trust" is without merit. The source here is impeccable. Your judgments of it are not based on any real fact.

.

[rooster]

Originally Posted by ICU 812

....
The problem today is he uncontrolled influx of millions of people, some say twelve some say twenty, from anywhere and everywhere, over a short span of time defiantly is a problem with adverse effects on for America's society culture and way of life in this, the Twenty-First Century.

There's a phrase for this that comes to mind....it's on the tip of my tongue...wtf is it?....two words...first word starts with a "W"...one syllable...second word has four syllables....maybe starts with a "S"...sometimes an "R"...and three syllables???? I dunno...

I'll think of it. Hopefully others too.

(some here need to quit while they are ahead)

.

[ICU 812]

Has anyone figured in the huge amount of tax payer dollars that have been siphoned off from Minnesota to Somalia?

[rooster]

Originally Posted by ICU 812

Has anyone figured in the huge amount of tax payer dollars that have been siphoned off from Minnesota to Somalia?

That's all you got? There's a thread for that, btw.

Here...we are talking about overall POSITIVE benefit immigrants. Extremely positive. There are crooks in any demographic. MAGA has a shit ton of them. Maybe look at cleaning up yer own house....

.