Illegal Immigration What is largely fueling the underground economy, experts say, is the nations goon ranks of low-wage illegal immigrants. The government puts this population at 8.5 million, but that may represent a serious undercount. Robert Justich, a senior managing bearing at Bear Stearns Asset Management in refreshed York, makes a persuasive case in a extrospective paper, "The Underground Labor Force Is Rising to the Surface," that illegal immigrants in truth number 18 million to 20 million. If true, the economic implications atomic number 18 profound and could help shape debates slated in Washington this mixed bag over both immigration policies and tax reform.
Measuring the size of it of the underground economy is, of course, more art than science, since most of its denizens situate word to remain anonymous. But convincing anecdotal evidence and a number of credible academic studies suggest that it is expanding briskly -- in all probability by an average of 5.6% a twelvemonth since the early 1990s, move on out the...If you want to get a full essay, rate it on our website:
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