Moody’s Chief Economist: “More Immigration is the Single Best Way to Consistently Lift Economic Growth and Standards of Living”

At a panel discussion in New York this week, the Chief Economist for Moody’s Investors Service, Mark Zandi, said that “[m]ore immigration is the single best way to consistently lift economic growth and standards of living.”  The panel took place at the NASDAQ, was sponsored by the ADP Research Institute and moderated by Yahoo! News.

The panel was in agreement that greater immigration was necessary for a prosperous economy.  Princeton Economist Alan Krueger supported MZandi’s position, pointing to a recent