President Obama and the Economics of Immigration

The video discusses a new immigration initiative aimed at expanding a 2012 program to include more undocumented immigrants, allowing them to apply for work permits and other benefits. It highlights the economic impact of legalizing immigrants, particularly in major states, and the expansion of visas for high-tech workers. The video also covers the expected strong congressional reaction and potential challenges, including funding issues and the risk of a government shutdown.

What is the main goal of the expanded 2012 immigration program?

• To grant immediate citizenship to undocumented immigrants

• To allow undocumented immigrants to apply for work permits

• To provide a pathway to citizenship

• To deport undocumented immigrants

How much additional taxable income is estimated from legalizing 5 million workers?

• $70 billion

• $80 billion

• $60 billion

• $50 billion

Which states are most impacted by the immigration initiative?

• California, Texas, Florida, New York, New Jersey, Illinois

• California, Nevada, Arizona, New Mexico, Texas

• New York, Pennsylvania, Ohio, Michigan, Illinois

• Florida, Georgia, Alabama, Mississippi, Louisiana

What is the focus of the expanded visa program discussed in the third section?

• Tourism visas

• Student visas for arts and humanities

• Visas for high-tech workers and STEM students

• Visas for agricultural workers

What is a potential consequence if companies cannot retain skilled workers in the U.S.?

• Companies moving operations abroad

• Reduction in educational programs

• Increase in domestic job opportunities

• Decrease in foreign investments

What is the expected reaction from Republicans regarding the President's immigration initiative?

• Unanimous agreement

• Supportive and cooperative

• Indifferent and neutral

• Strong and intense opposition

What strategy might Republicans use to counter the President's immigration plan?

• Support the President's plan

• Increase taxes on immigrants

• Cut funding to implementing agencies

• Propose a new immigration bill