How Will the Proposed Immigration Bill Impact the U.S Economy

How will the proposed immigration bill impact the U.S Economy

Introduction:

United States of America is considered as a butter chicken by the people around the world. They considered that this country is another world and shifts towards it in search of reward and for a better future. The inflow of people from the other areas of the world in the hope of getting better opportunities for employment, life style and etc. Increases the population of the U.S, and makes it a populous area in the world ( Kelly, 2008). This inflow of people from the other areas of the world has also impact on the economic policy of United States. Most of the people in U.S consider that this inflow of the people is the cause of damaging the U.S economy while others consider that these people provides them exceedingly benefit in the form of cheap labor. There are so many controversies that the inflow of a large number of immigrant is the result of the U.S immigrant bill. This argument is true; this is the result of the immigrant bills of the USA. These bills had a enormous impact on the economy, and in my opinion; there is a direct relationship among the immigrant bill and the economy. Like the previous bills, the proposed bill for 2013 will had some impact on the U.S economy. This paper is an attempt to understand that how immigrant bill impact the U.S economy.

Provision of employment:

The first aspect through which the immigration bill will serve the economy of U.S is through the provision of the employment opportunities to the overseas people. This will help in the increase the availability of the cheap labor to the U.S economy. This reduces the cost of production and increases the efficiency in operation and shift towards the economic growth. According to the recent senate immigration bill the long term increasing demand for high skilled workers from U.S technology sector in the result of the gap created by American workers is fulfilled through increasing the employment opportunities to overseas employees ( Temple-West, 2013). The quota for the skilled workers has been increased from 65000 to 18000 for the future years. This is not enough the visa for a higher degree holders will also increases from 20000 to 25000 ( Temple-West, 2013). This increased inflow of skilled workers will help in increasing the efficiency of the work in this industry at the cheaper rates, and also increases specialization in the U.S economy.

Emphasizes on the academic degrees:

U.S government understands the importance of the intelligent brains of the overseas countries, and for getting the benefit from these super minds. The U.S government increased the number of the scholarship visas. The new bill passed present in congress on Tuesday shows that the increased amount of 120,000 scholarship visas are issued by the U.S government