As the U.S. tries to fix its messy immigration system, our neighbor to the north is scooping up more talented newcomers every year. Are the Canadians stealing America’s bacon? (Part three of a three-part series.)
Hey there, it's Stephen Dubner.
This is the third and final episode in a series we are calling the true story of America's supremely messed up immigration system.
One big question we've been asking is, how does immigration affect the economy?
The answers we've heard are pretty compelling.
Immigration creates this conveyor belt of investment.
Immigrants tend to bring large benefits to the country that they come to.
Is that the dream is real.
The american dream is a foundational part of our history.
For generations, the US has been powered by immigrants.
In turn, those immigrants prosper, or at least their children do.
There are some serious startup costs to being a first generation american.
But right now, immigration is a mess.
The legal immigration system is outdated, complicated, overwhelmed, and illegal immigration has spiked over the past few years, which only further, overwhelmingly overwhelms the legal system.
Theres also this many of the smartest and most talented immigrants are getting thrown out of the country because there arent enough permanent slots for them.
Now pretend for a minute were not talking about a country, but instead a company.
And if you saw that this company, which happens to be the runaway leader in your industry, was struggling like this, you might try to find a way to capitalize, right?
Well, it appears that our neighbor to the north is doing just that.
We said to ourselves, why don't we ask about 10,000 of them to come to Canada to fill the gaps that we have it filled up within a.
Couple of hours, Canada has supercharged its immigration program, and the country is one of the fastest growing advanced economies.
Look at it this way.