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Thursday, May 26, 2011

Economy and the DREAM Act

                  Published in El Nuevo Herald on December 07, 2010
According to a recent study by the University of California, Los Angeles, the passage of the DREAM Act will reduce the U.S. deficit $ 1.4 billion and increase government revenues by $ 2.3 billion over the next ten years. The study also predicts that students benefit from the DREAM Act in their careers will generate taxable gross income by a large value of between $ 1.4 and $ 3.6 trillion.
It is clear that under current economic circumstances facing the country, the DREAM Act appears to be a relief. However, it would be important to know the cost on health care, education, police and fire services incurred by the immigrants before they reach the status promised by the DREAM Act. Whatever be the cost of the considerable expense and based on the study before mentioned, it would seem logical to think that the Dream Act would overcome this cost because of the revenue expected.
Given the seriousness of the economic crisis facing the U.S., where the lack of domestic manufacturing jobs creation are limited only to the services sector, and even threatening the stability of the dollar on the world market, a type of action as The DREAM Act is justified, at least in the present. Of course, other studies have to be done to the near future.

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