Saturday, December 14th, 2019

Immigration Helps US City Economies and Labor Markets, S&P Says


"With immigration on the minds of many voters in the run-up to this
November’s presidential election, the U.S.-based financial services
company Standard & Poor’s released Thursday some surprising
information.  The widely-held notion that immigrants bring down a city’s credit
rating –because they are less educated, low income or both– is refuted
by a report by Standard & Poor’s, which shows that U.S. cities with
"significant immigration" saw their credit ratings improve over the
last decade." – FNL, May 18, 2012.