Illegal Immigration What is largely fueling the underground economy, experts say, is the nations tough ranks of low-wage illegal immigrants. The government puts this population at 8.5 million, but that whitethorn represent a serious undercount. Robert Justich, a senior managing train at Bear Stearns Asset Management in saucy York, makes a persuasive case in a outgoing paper, "The Underground Labor Force Is Rising to the Surface," that illegal immigrants in reality number 18 million to 20 million. If true, the economic implications atomic number 18 profound and could help shape debates slated in Washington this miscellany over both immigration policies and tax reform.
Measuring the coat of the underground economy is, of course, more art than science, since most of its denizens picture 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 division since the early 1990s, move on out the...If you want to cause a full essay, rate it on our website:
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