Without the Melting Pot, Will NYC's Economy Melt Down?
Nowhere is the economic threat of restrictions on immigration and the international flow of visitors and workers felt more acutely than in the New York metropolitan area. The wave of immigration to the US in recent decades was disproportionately large in NYC and arguably helped pull the city out of the economic malaise of the 1970s which brought the city to the brink of bankruptcy. Today city planners look to immigration to help offset the budgetary pressures of an aging population and a robust flow of international tourists and students are essential to the city’s economic prosperity. It is not surprising that the region’s elected officials have been some of the most vocal opponents to proposed restrictions.