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Thursday, May 22, 2014

Wall Street Journal: It's Bad News For The Economy When Immigrants Stop Coming

Job-stealing immigrants? "Throughout the 20th century, periods of higher immigration correlated with periods of lower unemployment. Even recent history attests to this. Under President Bush, there was more immigration (both legal and illegal) and lower unemployment. Under President Obama, the opposite has been true. Maybe the economic lesson here is that countries needn't worry about too many foreign workers entering their labor markets. The time to worry is when the immigrants stop coming." Jason L. Riley in The Wall Street Journal.



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