Clinton's immigration plan could help economy more than Trump's, most economists say
Clinton's immigration plan could help economy more than Trump's, most economists say
by Don Lee at the LA Times
http://www.latimes.com/politics/la-fi-immigration-policy-impact-20161030-story.html
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By Moody's calculations, Hillary Clinton's more open-door position on immigration including a pathway to citizenship for those already in the country illegally and increasing legal immigration would add about a quarter of a percentage point to gross domestic product growth annually, on average, over the next decade. That translates to an additional $489 billion to the economy by 2026.
The upside for Clinton in the latest email controversy? Almost nothing has upended the 2016 race
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Donald Trump's plan to stem immigration and deport people who are in the U.S. illegally would have the opposite effect, the firm concluded. Moody's estimates that his immigration policies would reduce inflation-adjusted GDP by nearly half a percentage point, or about $880 billion, by 2026.
The Trump campaign has sharply criticized Moody's economic projections as biased, noting that Zandi has contributed to Clinton's campaign.
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But economic research groups, on the left, right and center, have generally come to similar conclusions as Moodys.
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