00:00Moments like these are going to cost the U.S. economy for years to come.
00:04That's because many of the world's best and brightest are having second thoughts about coming to the U.S.
00:09with the Trump administration's crackdown on illegal immigration.
00:12Even German Chancellor Friedrich Merz recently said he wouldn't recommend his children live or work in the U.S.
00:18More than 70% of immigrants recently polled say their opportunities in the U.S. have worsened over the past
00:24decade.
00:25Roughly half are worried that the current political climate will affect their career prospects.
00:29More than a third say they frequently regret having come to work in the U.S.
00:34International student enrollment at American universities is down by nearly a fifth,
00:38and the percentage of U.S. jobs that sponsor visas has dropped from 10.9% to 2.6%
00:45since 2023.
00:46Immigration hawks say there's an upside.
00:48Fewer high-skilled immigrants will increase the demand for talented U.S. workers and therefore raise their incomes.
00:54But economic research confirms that argument is flawed.
00:57Skilled immigrants drive innovation and make the companies that employ them more successful.
01:02Others start new firms.
01:04These benefits fuel growth and increase the incomes and job prospects of native workers.
01:09Adding 100 foreign-born workers with advanced degrees in STEM leads to an average of 86 new jobs for U
01:16.S. natives,
01:16according to one study.
01:18U.S. immigration policies have needed reform for years,
01:21but the U.S. is willfully discarding an asset that other countries, until recently,
01:26could only dream of replicating.
01:27Lasting damage has already been done.
01:29The White House needs to change course before the harm is irreversible.
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