Immigration is looming larger in the campaign, partly because it's becoming harder for Republicans to run against Biden on the economy. But there's a strong case that immigration has been a key part of Biden's economic success 1/
Inflation has come down so easily in part because of strong labor force growth. How much of that growth can be attributed to foreign-born workers? All of it 2/ 
Some people might look at that and say that foreigners have stolen 3 million jobs from Americans. But we have full employment, indeed a very tight labor market. Look at what the Conference Board survey says 3/
So employment is being constrained by supply, not demand. Foreign-born workers expand the supply. And lots of evidence that they are complementary to native-born workers, so that they let us run the economy hotter without inflation and hence *raise* native-born employment 4/
Some evidence to that effect: relative wages of foreign-born workers have fallen a bit relative to native-born since the pandemic. That's OK — they gain a lot from coming here, and their presence allows bigger gains for the native born 5/
All this is short-run; add in huge long-run benefits from immigration in helping us pay for Social Security, Medicare and so on. Immigrants are really good for the U.S. economy — and nativists really bad 6/
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