Immigration and the Bridge to America's Future: A Comparative Economic Analysis of Pre- and Post-1965 Immigration
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The Immigration and Nationality Act of 1965 was a pivotal point in our immigration system. It effectively changed the face of immigration and created the very foundation of the current immigration system. The policy liberalized the American immigration system by eliminating the national origins quota system and establishing a preferences system. In doing so, it provided immigrants of Latin American and Asian countries a more equal opportunity at obtaining visas for entry into the United States. But how has this post-1965 immigration system changed the economic characteristics of the foreign-born population in the United States and how has this change affected the American economy? Through a comparative analysis of pre- and post-1965 immigrants, I attempted to answer these two questions. My analysis utilized a temporal comparative approach while addressing five key economic factors: unemployment, labor force participation, poverty level, total money income, and educational attainment. Ultimately, the economic effects of the post-1965 immigration system were difficult to assess. However, the findings of this research suggest that there are not any significant economic differences between pre- and post-1965 immigration.