re: Picture of all of the best and brightest coming from Central America inside

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Labor Force Growth: If those who oppose immigration were correct, then Japan, an immigrant-unfriendly country, should be an economic juggernaut. It is not. Japan is facing an economic and demographic crisis. “Japan has the world’s oldest population, as well as a low birth rate and little immigration, but its growth problems go far deeper,” noted a recent analysis by Bloomberg. “In the early 1990s, the country’s postwar growth boom collapsed – decades of deflation followed and Japan started to suffer a shortage of workers.”

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Entrepreneurship: “The contribution of immigrants to human and physical capital formation, entrepreneurship, and innovation are essential to long-run sustained economic growth,” according to the NAS report.

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Human Capital: A similar story can be seen with patents and human capital. “Perhaps even more important than the contribution to labor supply is the infusion by high-skilled immigration of human capital that has boosted the nation’s capacity for innovation and technological change,” reported the National Academy of Sciences. But again, no dollar figure is estimated for this benefit. University of Colorado economist Keith Maskus found that for every 100 international students who earn science or engineering Ph.D.'s from American universities, the nation gains an impressive 62 future patent applications.

The bottom line conclusion: “Innovation carried out by immigrants also has the potential to increase the productivity of natives, very likely raising economic growth per capita,” according to the National Academy of Sciences. “In short, the prospects for long run economic growth in the United States would be considerably dimmed without the contributions of high-skilled immigrants.”

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