President Donald Trump’s merit immigration reform will raise Americans’ salaries and put roughly additional 2.3 million sidelined Americans back to work in a decade, admits a business-funded university group.
The admission adds to the other forecasts and the real-world data now which are bolstering Trump’s prediction that a reduced inflow of foreign workers will boost wages for working Americans. Overall, Trump’s “Hire American” policy is opposed by the investors, business groups and employers who gain from the nation’s cheap-labor economic policy.
The new admissions are buried under the group’s diversionary claims that Trump’s merit immigration plan — dubbed the “RAISE’ plan — will reduce total employment and business revenue by 2027. The Penn Wharton Budget Model group says:
By 2027, our analysis projects that RAISE will reduce GDP by 0.7 percent relative to current law, and reduce jobs by 1.3 million. By 2040, GDP will be about 2 percent lower and jobs will fall by 4.6 million.
The group’s report is being accepted by credulous reporters, but it is a diversion because it distracts readers from the hidden admission that Trump’s reform will accomplish what it is intended to accomplish — to raise wages and to get more Americans back to work. full story