Monday, May 8, 2017
Bill Clinton Sees More Immigrants As A Way To Reduce Deficit
Bill Clinton Sees More Immigrants As A Way To Reduce Deficit
Bill Clinton Sees More Immigrants As A Way To Reduce Deficit
Dan Froomkin Dan Froomkin
Wed Apr 28, 2:26 pm ET
Former President Bill Clinton enthusiastically weighed into the blistering national debate on immigration today with a resounding assertion that America needs more immigrants -- not fewer -- to ensure its long-term fiscal future.
At a symposium on deficit reduction today (see my earlier story), Clinton said that one key to avoiding massive debt is to maintain a good ratio between people paying into the system, and those receiving payouts (through such programs as Social Security.)
That means more jobs and more people working, he said. "Which to me means more immigrants."
Clinton said he supports immigration reform as proposed by President Obama or as supported by Sen. John McCain before he changed his mind.
Clinton spoke glowingly of the immigrant experience in the United States. "Weve got somebody from everywhere here, and they do well," he said.
And looking at the overall budget numbers, comparing money in to money out, "I dont think theres any alternative for us but increasing immigration," he said. "I just dont see any palatable way out of this unless thats part of the strategy."
Clinton didnt mention it, but its not just legal immigrants who contribute to the plus side of the Treasurys balance sheet. In fact, undocumented immigrants are even more lucrative for the government, particularly Social Security. Many undocumented workers have payroll taxes automatically withheld from their wages, but because they use fake numbers, never collect the benefits.
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