Is there a website that states the net contribution or drain on the economy each race of people in the USA?

Question

provides?

For example, I would assume that Koreans per capita are huge Gains. While mexicans and certain other groups are net drains.

Answer 1

When we “assume” we make an “***” out of “u” and “me”.

1. There is no biologically defensible definition of "race" with respect to humans. The best (?) one can do is to ask people and categorize them based on what they tell you. To an economist, as data, this is essentially worthless (as many recent studies of DNA have revealed).

http://en.wikipedia.org/wiki/Race_%28cla...

So if any one claims they can separate people by race, run.

2. Neither "Mexicans" nor "Koreans" satisfy any notion of race whatsoever. At best you can ask about "country of origin".

3. The idea that people of Mexican descent are a net drain on the economy is a joke. Many people opposed to illegal immigration have tried to argue that illegal immigrants from Mexico are a net drain on the economy and have not been able to make a strong case for that.

http://en.wikipedia.org/wiki/Economic_im...

http://donnellywatch.wordpress.com/2008/...

http://www.americansforimmigrationreform...

The best they have been able to do is argue that they are a (small) net cost to the government (as opposed to the economy - two completely different concepts), but even this is in dispute.

The legal immigrants of Mexican descent contribute far more to the U.S. economy than do the illegal immigrants, so if you include them, there is no doubt that the net contribution of people in the U.S. of Mexican descent is positive. Ditto even if you restrict it to people in the U.S. who were born in Mexico.

http://eric.ed.gov/ERICWebPortal/custom/...

http://www.whitehouse.gov/cea/cea_immigr...

http://www.ailf.org/ipc/factchecks/Econo...

4. As for the degree of contribution, it is impossible to take any significant sized group of people and get even a fairly accurate idea of their net contribution. Anyone who claims to be able to do so clearly has an agenda and should not be trusted.

The Census Bureau does do some categorization and summaries based on those categories, but that is the simplest of first order analysis: income distribution, education distribution, family size distribution, etc. - nothing even close to a real analysis (and they will be the first to admit it).

As for the Koreans, they came to the U.S. in three waves. Only the third and most recent wave have done particularly well, mostly because they've been well educated before they came:

http://www.iie.com/publications/chapters...

Ignorance is nothing to be ashamed of - we are all born ignorant. But willful ignorance, that is another matter entirely.