November 22, 2014

AS WITH OBAMACARE, THERE'S A LOT OF REFORMATION LEFT FOR THE GOP CONGRESS:

What About the Brainiacs? (Larry Kudlow, November 22, 2014, RCP)

The free movement of trade, capital and labor is strongly pro-growth. History shows that legal immigration is good for America, economic growth, entrepreneurship, job creation and hard-working families. America must remain a city on a hill, attracting the best and brightest from around the world -- a beacon of freedom.

The trouble is, Obama's executive actions not only usurp powers that are not his, they don't really solve key immigration problems.

Mainly, not even Obama is attempting to increase visas (that are the purview of Congress). Therefore there's no clear legal immigration process for the most important group: the high-tech brainiacs who are likely to be the entrepreneurial engines of new business start-ups and overall job-creating growth.

Tight limits on high-skilled worker visas and the whole whacky system of green-card, permanent-resident status are not being fixed. This can only happen through legislative change. In other words, Congress has to act (in this and a dozen other places).

Posted by at November 22, 2014 8:39 AM
  

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