Tonight is of great importance to the immigrants of America, however tonights speech by President Obama and the subsequent policy changes and announced reforms will have far-reaching implications that extend beyond the borders of America; even beyond the confines of the immigration issue itself.
It will affect the economy certainly. In the bigger picture, this effect will likely be positive.
More importantly, this will affect the lives of human beings who have been ostracized from society and even their families. Basic human rights which they have been denied will finally be directly addressed by the President of the United States.