Fixed that for you. Wealth distribution is far from equitable and immigration by and large benefits the wealthy. They financially benefit from the cheap labor and are mostly immune from the downsides.
The US did great for hundreds of years with the limited immigration we had from primarily European countries. The world we live in today was built with that approach. Remains to be seen if importing from recently modernized / 3rd world countries provides any long term benefit for median Americans. We’d be much better off installing billionaires who wish to invest in the people because they feel an attachment to the people (noblesse oblige).
I can’t really see a good argument for foreigners outside of the Meiji government approach (learn from them to invest in our own) if you care about your people.