We have to grow our economy in order to recover from the financial situation now. One thing needed is a large workforce and that requires more immigrants. This writer says mmigrants would also help fill some of the empty houses we have now. DP
by Jay Hancock
So President Barack Obama, presiding over what will surely be the biggest budget deficits in history, doesn't want the country to go bankrupt.
"If we do nothing, then we will continue to see red ink as far as the eye can see," he said at a news conference two weeks ago. He'll summon a "fiscal responsibility summit," he told The Washington Post last week. America, he said, must make "hard decisions" about Medicare, Social Security and other expensive programs.
Hard decisions, of course, will include cutting costs and benefits, which will anger Democrats. We'll also need to raise taxes, which will anger Republicans.
But the hardest decision of all may be about increasing immigration, which even Obama doesn't seem to want to talk about. The retreat from trillion-dollar deficits must include recruiting millions of new Americans to share in this country's bounty as well as the cost of running it.
Immigrants have freed the United States from tight spots before. Properly managed, a doubling or tripling of immigration in the coming decades can help get us out of this one.
Be sure to read the rest of this story! This is only a small part of it.
1 comment:
Bill Gates throws Americans under the bus
Hard economic times are forcing job cuts at many businesses. Most Americans understand that; even if they deplore it. This economic downturn has even hit Microsoft. They are downsizing 5000 jobs. Of the 1400 they cut immediately, 873 were in the Puget Sound area where the company is headquartered. None of the cuts are going to be in India.
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