Thanks Obama! - Executive Action Doing Wonders for the Economy

mikeg2000

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Thursday January 29, 2015 · 7:58 PM PST

2015/01/29 · 19:58

The recent executive action taken by President Barack Obama to allow 4 million undocumented immigrants to stay without fear of deportation in America is great for our economy.

On November 20, 2014, President Obama took executive action on immigration to make sure that undocumented immigrants who are DREAMers and parents of citizens to earn their way to work permits and eventually residency through paying fines, taxes, and passing background checks.

Check out this White House link to see how much your state’s GDP will increase because of Obama's executive action.

For summary, in my state of Texas, a deep-red state that hates Obama and his executive actions, we will see a $8,200,000,000 increase in GDP because of the Obama’s executive actions on immigration. Overall, the national GDP will grow by .4% or $90 billion dollars over ten years.

According to a November 2014 study from the President’s Council of Economic Advisers, these executive actions will increase the average wage for all US-born workers in Texas and around the nation by $170 a year while having no negative impact on the amount of jobs or the availability of jobs. Further from the study, his actions will reduce the deficit by $60 billion over a decade

This presents an interesting paradox. Why aren’t Republicans who say they want to grow the economy, jumping on board for President Obama’s actions? In fact, why aren’t they supportive of congressional action on immigration that will be far more overreaching and create far more economic benefits?

The massive economic benefits of President Obama’s executive action on immigration can be just the beginning if Republicans stop obstructing and start working with Democrats on comprehensive immigration reform.

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