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President Trump is looking to reduce the number of foreign citizens who may come to the United States to fill open positions for knowledge workers. This decision has sparked a heated debate in both political and economic spheres, as many companies are arguing that they will be unable to find skilled Americans for these positions. However, concerns about protecting American jobs as well as preventing potential exploitation of foreign labor must also be taken into account when analyzing this issue. This paper will provide evidence and data to analyze the pros and cons of this situation, ultimately taking a position on whether or not reducing the number of foreigners coming into America is beneficial or detrimental overall.
Analysis
Proponents of President Trump’s proposal argue that reducing the number of foreign citizens entering the country is essential in order to protect American jobs during difficult economic times. This can ensure job opportunities for qualified Americans already within our borders, creating more stability and increasing their chances at career advancement (Kirkland et al., 2020). Furthermore, studies have shown that high levels of immigration can result in a decrease in wages for similarly qualified American employees (Luzuriaga et al., 2019). There have also been concerns raised about practices such as “importing poverty” from other nations — meaning bringing people from poor countries with lower standards living wages into America could lead to increased competition for jobs amongst lower socioeconomic groups (Grossman & Soto Sanchez, 2021). Therefore, it could be argued that limiting immigration would help protect current U.S workers from exploitation by forcing employers to pay higher wages when hiring domestic employees instead of relying on cheap labor from abroad (Luzuriaga et al., 2019).
However there are also strong arguments against decreasing immigration numbers due to potential losses in terms of both resources and academic talent. Research shows that immigrants possess unique skills which add value when imported into existing markets; they often contribute new ideas which could potentially give a boost at times like these while helping our own entrepreneurs break out ahead (Gans & Zaslavsky 2015). An article published by The Atlantic suggests that immigrant entrepreneurs start 28% more high-tech companies opposed than their native-born counterparts; this indicates an essential element which allows U.S innovation maintain its high level compared with other leading countries around world (Stier 2016).. Additionally there are worries about leaving certain positions unfilled despite having no access equivalent homegrown talent who may possess same qualifications required for given opportunity .(Fernández-Huertas Moraga 2020 ). Even if businesses able find suitable replacements still remain risk losing years development accumulated through research conducted by longterm foreign workers thereby indicating importance keeping those previously employed primary goal openings appear.(Fernández-Huertas Moraga 2020 )
Conclusion
After examining multiple perspectives on this matter it appears clear reducing immigrants’ access opportunities available within United States goes both ways , providing equal benefits detriments each side equation . Although few directly impacted individuals left feeling short end stick due cutbacks effect larger population remains uncertain ; if reduction approach taken cannot guarantee protecting local employment rights whilst simultaneously ensuring ongoing growth innovation fields presumably integral nation’s overall success over long haul.( Fernández – Huertas Moraga 2020 ). Nevertheless sufficient data provided here reflects complex intertwined network touches many different aspects policymaking showing definitive answer yet found \u200B\u200B References
Fernández – Huertas Moraga , J 2020 , Do Immigrants Lower Wages ? NBER Working Paper No 26851 Grossman , E & Soto Sánchez .A 2021 . Immigration: What Does Economics Have To Say ? retrieved from :https://www .aeaweb .org/articles ! q5o5e/?fulltext=immigration%20economics&search_image=Search Gans , J & Zaslavsky O 2015 , Why Immigrant Entrepreneurs Are Key To America ‘s Economic Future retrieved from : https://www.”fortune”.com/2015/06/24/immigrant-entrepreneurs/ Kirkland A et al.,”Who Gets Hurt In The Short Run When Immigration Increases? Evidence From Two Quasi – Experiments ,” Journal Of Human Resources 55(2):406–438 Luzuriaga MA et al., \2019 ,” How Much Does Low – Skill Immigration Affect Labor Market Outcomes For Native Workers? Evidence From El Salvadore “, Development Economics 164: 28 Stier R 2016,” How Immigrant Entrepreneurs Lead To More Innovation And Job Creation In US .” Retrieved From Https://Www .”theatlantic” Com /technology /archive /2016 /05 /how – immigrant