From the newsletter:
A new study out this morning by researchers at the Center for Global Development and the University of Michigan finds that the H-1B visa program created about $431 million in economic gains for the U.S. in 2010 — $1,345 per each visa holder. “While there are some negative impacts for a subset of U.S. workers, the overall gains outweigh the losses as the combined incomes of the U.S. and India both rise under the H-1B program by about $17.3 billion or 0.36%,” the Center for Global Development said in a statement. The program, which allows employers to hire specialized foreign workers on a temporary basis, has been criticized by Trump for undercutting U.S. labor. More here.
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