Index Investing News
Sunday, April 26, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

The NYT pivots on immigration

by Index Investing News
February 27, 2025
in Economy
Reading Time: 3 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


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?



Source link

Tags: immigrationNYTPivots
ShareTweetShareShare
Previous Post

NVDA Infographic: Nvidia This fall earnings rise on larger revenues, beat estimates

Next Post

France threatens Algeria with termination of particular standing

Related Posts

The limits on Scott Bessent’s Treasury swap lines

The limits on Scott Bessent’s Treasury swap lines

by Index Investing News
April 25, 2026
0

Scott Bessent’s ability to provide dollar swap lines for allies in Asia and the Gulf could be constrained by the...

Transcript: Jean-Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management

Transcript: Jean-Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management

by Index Investing News
April 21, 2026
0

    The transcript from this week’s, MiB: Philippe Bouchaud, Founder/Chief Scientist, Capital Fund Management, is below. You can stream...

Tech Troubleshooting in Space – Econlib

Tech Troubleshooting in Space – Econlib

by Index Investing News
April 17, 2026
0

When astronaut Christina Koch, the first woman to fly around the moon, reported an issue from space that could have...

Oil price surges ahead of Strait of Hormuz blockade

Oil price surges ahead of Strait of Hormuz blockade

by Index Investing News
April 13, 2026
0

Good morning and welcome to FirstFT. In today’s newsletter:Trump announces naval blockade of Strait of Hormuz Orbán’s crushing Hungarian election...

At The Money: Seeking Uncorrelated Returns

At The Money: Seeking Uncorrelated Returns

by Index Investing News
April 9, 2026
0

     At The Money: Seeking Uncorrelated Returns (April 8, 2026) Managed Futures generate returns that are not correlated...

Next Post
France threatens Algeria with termination of particular standing

France threatens Algeria with termination of particular standing

Prepared for Their Shut-Ups on the Oscar Nominees Dinner

Prepared for Their Shut-Ups on the Oscar Nominees Dinner

RECOMMENDED

Evergrande aims to win approval for restructuring proposals early next year By Reuters

Evergrande aims to win approval for restructuring proposals early next year By Reuters

November 28, 2022
Rental Arbitrage 101 and Tips on how to Make investments Your Dwelling Fairness

Rental Arbitrage 101 and Tips on how to Make investments Your Dwelling Fairness

August 30, 2024
Bitcoin Coverage Group Urges UK to Retain Bitcoin Holdings

Bitcoin Coverage Group Urges UK to Retain Bitcoin Holdings

July 27, 2024
The Next Big Test for Stocks

The Next Big Test for Stocks

July 11, 2023
How Capital Good points Taxes are Hurting Extra and Extra Householders

How Capital Good points Taxes are Hurting Extra and Extra Householders

March 17, 2025
Kamala Harris warns Israel of ‘consequences’ of Rafah assault | Israel War on Gaza News

Kamala Harris warns Israel of ‘consequences’ of Rafah assault | Israel War on Gaza News

March 25, 2024
Inside Bolsonarismo, the angry protest movement that sieged Brazil’s capital

Inside Bolsonarismo, the angry protest movement that sieged Brazil’s capital

January 14, 2023
Telegram trading bot Maestro refunds users 610 ETH after router exploit By Cointelegraph

Telegram trading bot Maestro refunds users 610 ETH after router exploit By Cointelegraph

October 25, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In