Josh Gay

We see education.

I talked about that a minute ago.

It's usually the biggest cost associated with immigration.

Cato accounts for that.

When all of this money is included, including education, immigrant households are still ahead of the curve.

And it's just showing us this long-term benefit, the upfront costs followed by a long-term benefit.

And in all of that,

We are coming out ahead.

And it's consistent with any of your basic human capital economics.

Now, I want to point out that Cato didn't put this out because of altruism.

They're not putting this out because suddenly they've shifted their ideals on how this country works and how the economy works.

They published it because immigration aligns with free market economics.

We hear all the time that immigrants do the jobs that...

citizens don't want to do.

And when you have a larger labor force, it supports growth.

Higher productivity expands the tax base.

And we hear Dr. Oz asking for more productivity, kids to start working a year earlier, seniors to work a year later.

Well, here's your answer if you want more productivity.

More workers reduce the costs of government services.

And when you restrict immigration, it constrains labor.