No Result
View All Result
China Secrets Revealed
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock
No Result
View All Result
China Secrets Revealed
No Result
View All Result
Home Stock

New Paper: Only 3 Percent of Green Card Applicants Will Get Approved in 2024

by
February 15, 2024
in Stock
0
New Paper: Only 3 Percent of Green Card Applicants Will Get Approved in 2024

David J. Bier

The Cato Institute published my new briefing paper today showing that just 3 percent of immigrants will receive green cards in 2024. This paper also shows that during the late 19th and early 20th centuries, 98.1 percent of legal immigrants were approved. Starting in the 1920s, Congress capped the number of immigrants and later strictly limited the types of immigrants who could apply, leading to a massive buildup in requests.

I dug through thousands of pages of previously little‐​noticed archival records at the State Department and immigration services to document these changes over the past century. The roughly 35 million requests include people at all stages of any green card process, including people already in the United States. You can see the difference between this year and 1996 below.

This paper is being published on the 100th anniversary of the notorious Immigration Act of 1924, which imposed caps on legal immigration for the first time. This law reversed the previous presumption that was in favor of admission. Current law now assumes every immigrant is ineligible unless proven otherwise, and of course, the caps make overcoming the presumption even more difficult. The effect of this law is visible in the figure below.

This paper explores how this historic level of requests reached this point, breaking down the backlogs by type (lottery, family, employment, asylum, etc.), and it builds on my work from last year, which documents how the current green card rules make it impossible for nearly everyone who wants to immigrate to do so legally. We took the flow chart in that paper and turned it into the​Green​Car​dGame​.com, a platform that allows anyone to see if they can obtain a green card through the current process.

The United States is growing more slowly than at any point in its history—if immigrants enter through a legal and orderly process, the US can handle a much larger immigrant population. America’s labor force is already only growing because of immigrants, but they have not come close to making up for the dramatic decline in US worker population growth. Policymakers should see this backlog as an untapped resource to increase economic growth, but the longer they wait, the more broken the system becomes.

You can read the whole paper here.

Previous Post

Let’s Fix the Quorum Quandary at FERC

Next Post

Biden White House: FISA Good, Warrants Bad

Next Post
Biden White House: FISA Good, Warrants Bad

Biden White House: FISA Good, Warrants Bad

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest
Friday Feature: MCP Academy

Friday Feature: MCP Academy

0
TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

TD Cowen downgrades Molson Coors, lowers price target to $58: Is it time to exit?

0
Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

Google’s antitrust ruling draws parallels to Microsoft’s 25-year-old case: Here’s how

0
In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

In 2023, Colorado Lawmakers Pushed Back on Cops Practicing Pain Medicine Based on Flawed CDC Guideline

0
Friday Feature: MCP Academy

Friday Feature: MCP Academy

May 9, 2025
Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

May 9, 2025
Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

May 9, 2025
Luna Introduces PATRIOT Act Repeal Bill

Luna Introduces PATRIOT Act Repeal Bill

May 9, 2025

Recent News

Friday Feature: MCP Academy

Friday Feature: MCP Academy

May 9, 2025
Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

Trump pushes tax hikes for wealthy as ‘big, beautiful bill’ deadline looms

May 9, 2025
Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

May 9, 2025
Luna Introduces PATRIOT Act Repeal Bill

Luna Introduces PATRIOT Act Repeal Bill

May 9, 2025

Disclaimer: ChinaSecretsRevealed.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.

No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • News
  • Stock

Copyright © 2024 ChinaSecretsRevealed. All Rights Reserved.