Question

Use economic reasoning to explain the views of these two groups of economists and describe why they look at land policy (institutions) differently. Use evidence to support your answer and draw a conclusion on which group of economists provide the best argument for land policies. Use examples that are current and up to date. Group 1 :Economists argue that immigration is a net contributor to the economy. They argue that they fuel economic growth, provide creative energy, and boost overall productivity. Group 2: Some individuals, labor groups, and politicians disagree. They maintain that immigrants take jobs away from Americans and are a drain on the economy.

Answer 1

Immigration policy in US has always attracted mixed reactions. Where some people feel that it contributes positively in growth of the economy others have a different perspective; a rather negative one.
Group 1 economists argue that immigrants fuel economic growth, provide creative energy and boost overall productivity which is true. Immigrants consists of around 13% percent of the population whereas around 25% new entrepreneurship is started by immigrants. The start on small scale but the their growth rates are faster. This gives a boost to the economy. The skill set, experience that they bring from throughout the world helps in making innovative and creative products. Every year out of total patents being taken a large contribution is from Indians or Chinese. Out of every 11 patents 1 is taken by them.
Group 2 scientists on the hand feel that these immigrants are taking away the jobs of native americans, they work for lower wages and so are hired more. They are using the countries resources.
I agree with Group 1 economists more because immigrants are taking up jobs mostly that the natives are unwilling to do as iit require more physical labor. Also even if they work for lower wages they become a threat to other immigrants who are willing to do such jobs. And they are not draining away the wealth as they have become important part of the economy by being entrepreneurs and thus helping in growth instead.