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Macroeconomic Term Paper, Kenneth Lingenfelter

The outcome for accepting the lower paying jobs is

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The outcome for accepting the lower paying jobs is said to drive the labor down and keep the economy running. Many companies would ultimately fail and would be destined to fold under the pressure for not filling these positions. These reaction will cause an increase in productivity, in which, will cause in increase in the price level. The negative impact on the influx of illegal immigration does not so much impact the adult population in the hiring process, but will affect those without a high school education. These individuals are more likely to work hospitality or seasonal jobs. The bigger pictures shows that the illegal immigrants fail to pay into taxes, social security, or into unemployment insurance. The unwillingness to pay into the tax pool will put the burden onto the taxpayers of the American citizen. Many of these illegal immigrants are using up social services and other forms of public assistance, for which they fail to pay the upfront taxes on, causing more of a drain on the economy for which can’t be made up through the numbers of employment. While attempting to fix the ongoing issues for illegal immigrants crossing our borders, economists believe that altering the issues concerning the crossing of skilled immigrants with hurt the economy. The influx in immigration has increased the gross national product by an estimated $39 billion per year, which begs to differ that immigration does more to help the economic growth than to hinder it. Over the past two decades, small businesses being operated by immigrants have risen by six percent. These businesses include grocery stores, physician offices, real estate firms, and restaurants. The increase in these businesses will increase the employment rate, household income, and stimulate the economic growth. An estimated 4.7 million workers have been 3
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employed by immigrant business owners, earning revenue of $770 billion. Over the long-run there has been an increase in income by three percent with immigrant employment of one percent. These increases result in the total household income increase by $5000, in which is circulated back into the economy for the purchases of products, creating new opportunities and jobs. Consumption is affected by illegal immigrants through the following ways: The most significant benefits come from lower labor costs and this translates into reduced prices for every commodity they handle. Consumers save on hundreds of purchases from produce and food products to new homes (Gordon, 2012).
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