I see lots of very hardworking, people in my area that look foreign born. I imagine the farmers had a network of migrant workers for years .... doing the hot nasty work .... keeping prices down. Are these foreign workers an asset to the American economy or are they a burden ??
2007-04-14 06:51:09 · 4 answers · asked by burlingtony 2 in Social Science ➔ Economics
For an example; Some Koreans opened a little Convenience Store/Gas Station not far from me. Many people buy stuff there and saves them having to drive further for just some milk or bread. So, I would say they have brought a needed service closer to the people that need it as no one else wanted to rent the building and work (Building was empty for 7-10 years).
2007-04-14 07:03:48 · answer #1 · answered by Snaglefritz 7 · 2⤊ 0⤋
I'm surprised you even need to ask, the very short answer is of course they are a huge asset! Firstly these workers are a productive force, increasing production and also increasing consumption with the expenditure of their wages, thus aggregate demand is increased and they increase economic growth. Immigrant workers also bring other skills and even create new markets, and bring with them new products... ie italian immigrants bringing pizza in a most cliche of examples.
This is just tipping the iceberg of advantages, just a few problems however, 'burdens' so to speak would be repatriated incomes back to home countries, an invisible import. The importing of home stuffs, eg polish workers buying polish food... an import of polish goods. The exploitation of these lower cost workers and problems with agreed wage deals when these immigrant workers will work for a lot less than 'american' workers.
2007-04-14 14:33:57 · answer #2 · answered by marco_syco 2 · 2⤊ 0⤋
The short term gain is that aggregate demand will increase. But, more importantly, as the baby boomers' retire, immigration will replenish the workforce and increase tax revenue. This will significantly help to soften the blow of America's aging population. Europe has little immigration. Hence, it will be hard pressed to deal with an aging population.
2007-04-14 15:01:01 · answer #3 · answered by Anonymous · 2⤊ 0⤋
Yeah, I think so. I heard that illegal immagrants put way more money into our economy than they take out.
They arent really a burden because many illegal immagrants dont ask or recive social services for fear of being deported.
2007-04-14 14:30:21 · answer #4 · answered by Anonymous · 1⤊ 0⤋