By: Kayla Vitalbo
Ever since we became a nation we have been known as the land of
the free and have been attracting immigrants from all over the world, and even
in modern times there is no exception for this attraction. There has been talk
about a reform in the immigration system, which would consist of granting visas
to foreign entrepreneurs looking to start businesses in the U.S. and those
looking to attend college and attain a degree in the science or math field and
stay in the country after graduation. The President is all for reforming the
immigration system, and he believes that “[W]e’ve got to bring our legal
immigration system into the 21st century… if you are a citizen, you shouldn’t
have to wait years before your family is able to join you in America... If
you’re a foreign student who wants to pursue a career in science or technology,
or a foreign entrepreneur who wants to start a business with the backing of
American investors, we should help you do that here. Because if you succeed,
you’ll create American businesses and American jobs. You’ll help us grow our
economy. You’ll help us strengthen our middle class.” Not only could this
reform create more jobs in our economy with our unemployment rate at 7.5%
(which should be between 4-6% to be at full employment), but with all of the
baby boomers retiring and needing more funds for social security, there is
nothing but positive outcomes from this reform.
The idea is very liberal because of the idea of equality among
everyone, and the conservatives believe that the program already is too costly
given our current national debt. The idea itself though could potentially
reduce the deficit and help out our economy. Sure we will need to accommodate
for more citizens and there will be an increase in demand, but with this
government spending we could potentially create more jobs, and with more jobs
there would be more income taxes for FICA (social security and medicare) to
provide for the baby boomers retiring soon. The chart below emphasizes the need
for more money for social security. Our nation is already running low on funds
for social security which was why they increased the income tax for social
security to 6.2%, and if we don’t find another source of money to provide for
those who have retired, we will run out by the time we retire. It is very
important for the income for social security income to increase, and by passing
this immigration reform we could use the income from the new citizens to help
provide for social security.
Our government
has been working so hard to control the border and keep illegal immigrants out.
There are arguments that more crimes could be taken into our country, but if we
were to make these immigrants citizens, they would be treated as such and the
necessary measures would be taken to account for these crimes. Our nation has
been trying to emphasize the diverseness within, and what better way than to
better than economy while making the country more diverse.
Works Cited
" National Employment Monthly Update."NCSL Home.
N.p., n.d. Web. 9 May 2013.
<http://www.ncsl.org/issues-research/labor/national-employment-monthly-update.aspx>.
"Streamlining Legal Immigration | The White House." The White House. N.p., n.d.
Web. 9 May 2013. <http://www.whitehouse.gov/issues/immigration/streamlining-immigration>.
Werner, Erica. "Study: Immigration bill would help
Social Security - News - Boston.com." Boston.com
- Boston, MA news, breaking news, sports, video. N.p., n.d. Web. 9 May
2013. <http://www.boston.com/news/politics/2013/05/08/study-immigration-bill-would-help-social-security/ylynxmSxGYMpzURAJqXgzH/story.html>.
"What Happens to Workers Who Drop Out of the Labor
Force? | Sober Look | FINANCIAL SENSE ." FINANCIAL
SENSE | Applying Common Sense to the Markets. N.p., n.d. Web. 9 May 2013.
<http://www.financialsense.com/contributors/sober-look/what-happens-to-workers-who-drop-out-of-labor-force>.
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