So, immigrants are a drain on the economy, huh?
Hogwash!
If the Cato Institute, which is conservative, is acknowledging this, it is very telling. Trump and his racist croneys are full of SHIT!
Michael Roberts blog
A new Cato Institute study finds that over the past 30 years, immigrants into the US, both those entering legally and those without documentation, have created government budget surpluses every single year.
https://www.cato.org/white-paper/immigrants-recent-effects-government-budgets-1994-2023#introduction
For each year from 1994 to 2023, the US immigrant population generated more in taxes than they received in benefits from all levels
of government.
Over that period, immigrants created a cumulative fiscal surplus of $14.5 trillion in real 2024 US dollars, including $3.9 trillion in savings on interest on the debt.
Without immigrants, US government public debt at all levels would be at least 205 percent of gross domestic product (GDP)—nearly twice its 2023 level.
