Josh Gay

And now you see investors, there's uncertainty, so investments are all over the place.

Markets don't like chaos.

The economy doesn't like the Trump chaos.

So the data that Cato is presenting, it makes it clear that immigration supports our economic stability.

They are a vital part of our economy.

And if you wanted to point to one thing that has driven costs up in this economy and made our markets unstable and made jobs just disappear across the country, it is this immigration crackdown.

And this Trump-style war on immigration is undermining our economy.

And again, this study runs all the way up through 2023.

So the recent immigration surges, all the stuff that Trump's blaming on Biden, the economic shocks, the COVID, all of that, even with all of that accounted for, immigration made the country more money than our country spent on immigrants.

And so that makes it extremely difficult, extremely difficult for the administration to justify that immigration is a cause for any of our problems.

After 30 years of data, it's straightforward.

Immigrants and immigration, they reduced deficit, they lowered the debt pressure, and they expanded the tax base, producing a surplus for our country.

And again, conservative accounting assumptions.

Conservative-based Cato here.

I think you guys should read all of this yourself.

It is absolutely stunning.

And you guys all out there, you need to look at this.

And again, this is a perfect talking point.

When your angry uncle comes at you on Facebook, or when you're at the dinner table arguing politics, show them the Cato study.

So I'm going to cover...