President Donald Trump doubled down on claims that restricting immigration will benefit the U.S. economy -- a position widely disputed by economists.
He said that his crackdown, along with measures to overhaul legal immigration, would improve Americans? employment and wage outlook.
In the absence of immigration, the level of the U.S. working-age population probably would fall by 0.2 percent per year between 2020 and 2030, based on Census projections, Struyven wrote.
In turn, Trump?s restrictions could further threaten potential growth that?s already estimated to be low at 1.75 percent for the coming years, the Goldman report estimates.
More efficient task specialization among immigrants, as well as a greater share of patent applications than with native-born Americans, means the loss of immigrants hurt productivity.
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