Torch, Spring/Summer 2012

Weighing the Cost There is no denying that low-skill immigration has economic costs, particularly in border regions and in states with generous public aid programs. But when those costs are properly weighed against the benefits, America still has much more to gain than lose from those who come here seeking a better life. Economic migrants tend to be younger and healthier than the native population. They work harder, evidenced by their higher labor participant rates and lower rates of unemployment. Moreover, as Asia and Western Europe morph into giant retirement communities due to stagnant population growth, the immigration of younger workers from poorer countries gives the U.S. an important edge. A smaller workforce can mean less overall economic output. Without enough young workers to replace retirees, health and pension costs can become debilitating. As domestic markets shrink, so does capital investment. By contrast, growing populations expand the market for goods and services. They also spur research and development. Domestic policies that encourage immigration help keep our population young and vibrant. Immigrants are giving the U.S. a distinct comparative advantage in human capital, which is no small matter in an increasingly globalized economy. Illegal immigration from Mexico isn’t a reflection on the poor character of Latinos. It’s a result of the simple fact that the supply of U.S. visas made available to Mexico is much less than the demand. Economic migrants from Mexico are not yearning to sneak into the U.S., live in the shadows, and risk exploitation by employers. They would much rather come through the front door, if only America would let them. Jason L. Riley is a senior editorial page writer and member of the editorial board for The Wall Street Journal . He received his B.A. in English from the State University of New York at Buffalo. Jason is the author of Let Them In: The Case for Open Borders , and he was a keynote speaker for G92. InspiringGreatness: Shaping the Future of HealthCare We are closing in on our goal! Give or make a pledge today! cedarville.edu/hsc Spring-Summer 2012 | TORCH 27