President Biden Directs Agencies to Fast Track Immigrant Visas for Foreign STEM Workers
Topics: Wages, Jobs, and Poverty
For American workers, immigration is primarily a redistributive policy. Economic theory predicts that immigration will redistribute income by lowering the wages of competing American workers and increasing the wages of complementary American workers as well as profits for business owners and other “users” of immigrant labor.
- George J. Borjas, Professor of Economics and Social Policy, Harvard Kennedy School