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The NYT pivots on immigration

by Index Investing News
February 27, 2025
in Economy
Reading Time: 3 mins read
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The New York Instances has a really lengthy piece on the difficulty of immigration. Right here’s my model of a TLDR:

Denmark has proven that an enlightened progressive authorities can protect its welfare state by adopting pretty restrictive insurance policies on immigration.  Thus it’s now OK for American liberals to change to a place of opposition to massive scale immigration.

The Democratic Occasion institution was already leaning on this route as a result of current presidential election, however the NYT story offers a form official sanction for progressives to regulate their views on immigration.

To be clear, I agree with those that recommend that the surge in undocumented immigrations throughout 2021-24 was an issue for the Democrats within the current election. Certainly, the Biden administration appeared to acknowledge this reality, however too late to change voter perceptions.  Nonetheless, I used to be disillusioned by the NYT story, which introduced a considerably distorted view of the broader immigration subject.  

Take into account the next assertion:

Many research discover a modestly adverse impact on wages for individuals who already dwell in a rustic, falling totally on low-income employees. A 2017 report by the Nationwide Academies of Sciences, Engineering and Drugs, supposed as a complete evaluation of the financial results of immigration, accommodates a desk itemizing rigorous tutorial research that estimate immigration’s results on native wages; 18 of the 22 outcomes are adverse.

Most readers in all probability don’t trouble following up by analyzing the report cited by the Instances.  Right here is its summary:

The Financial and Fiscal Penalties of Immigration finds that the long-term affect of immigration on the wages and employment of native-born employees general may be very small, and that any adverse impacts are more than likely to be discovered for prior immigrants or native-born highschool dropouts. First-generation immigrants are extra pricey to governments than are the native-born, however the second era are among the many strongest fiscal and financial contributors within the U.S. This report concludes that immigration has an general optimistic affect on long-run financial development within the U.S.

I gained’t say the NYT description was false, but it surely was definitely a bit deceptive.

Or take into account the next merchandise from the Instances story:

In the course of the Biden administration, america skilled its most speedy immigration on report, with a tempo of entry that surpassed even that of the height years of Ellis Island. Greater than eight million individuals entered the nation, about 60 % with out authorized permission. In all, about 16 % of U.S. residents at present had been born overseas, exceeding the earlier excessive of 14.8 % in 1890.

Given their earlier declare that immigration particularly lowers the wages of these on the backside, you might need anticipated the Instances to offer some information in regards to the impact of the unprecedented wave of immigration.  I feel I do know why they didn’t achieve this.  It seems that this surge in immigration was related to unusually massive wage features among the many lowest paid employees.  It’s clear that the writer of the story was making an attempt to cherry choose information that supported their argument, and conceal information that urged immigration doesn’t harm actual wages.

The story additionally mentions the truth that immigrants to international locations similar to Denmark and Sweden have a tendency to interact in additional crime than the native born inhabitants.  However they fail to say that immigrants to the US are far much less doubtless to commit crimes than are native-born People.  Certainly, in locations like New York Metropolis the crime charge usually decreases sharply when a wave of immigrants supplant the native born inhabitants.  I dwell in Orange County, which mixes an particularly excessive immigrant inhabitants with an particularly low crime charge.  I ponder why the NYT urged that America wanted to study from what occurred in Denmark, however failed to say that the immigrant crime downside in Scandinavia doesn’t apply to the US?



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