ILW.COM - the immigration portal Immigration Daily

Home Page


Immigration Daily

Archives

Processing times

Immigration forms

Discussion board

Resources

Blogs

Twitter feed

Immigrant Nation

Attorney2Attorney

CLE Workshops

Immigration books

Advertise on ILW

VIP Network

EB-5

移民日报

About ILW.COM

Connect to us

Make us Homepage

Questions/Comments


SUBSCRIBE

Immigration Daily


Chinese Immig. Daily




The leading
immigration law
publisher - over
50000 pages of
free information!
Copyright
1995-
ILW.COM,
American
Immigration LLC.

View RSS Feed

Greg Siskind on Immigration Law and Policy

GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET

Rate this Entry

The former Fed Chair makes an interesting argument in favor of restoring the H-1B cap to previous levels.

Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to Facebook Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to Twitter Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to Google Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to StumbleUpon Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to Reddit Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to Digg Submit "GREENSPAN: H-1B VISAS COULD HELP WITH CRISIS IN HOME MARKET" to del.icio.us

Tags: None Add / Edit Tags

Comments

  1. George Chell's Avatar
    The main reason for foreign skilled workers is we dont need any more broken levies, collapsing bridges, collapsing banking and airline industry all caused by American born workers. When it comes to Affirmative Action these folks argue that we should give jobs on merit. However, they dont like better qualified foreigners competing with them. Want to maintain their privilege at the expense of the safety of Americans...this includes folks who are responding to the article.
  2. Jack's Avatar
    Here's why Greenspan really wants expanded H1-B:

    "We ought to be opening up our borders to skilled labor from all parts of the world because if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that of skills and reduce the degree of income inequality in this country."

    http://www.huffingtonpost.com/david-sirota/greenspan-says-solution-t_b_66789.html


    Considering his role in *creating* the mortgage meltdown, check out some of the ridicule he's getting in the comments section here. Obviously the answer is 'price discovery' and deflating of prices from the bubble:

    http://latimesblogs.latimes.com/laland/2008/08/greenspan-housi.html


    Believe it or not, Al is not the first person to use the housing financial mess to rationalize higher immigration. Dowell Meyers beat 'The Maestro' to it. Does anyone with any sense of reality actually believe prices were right where they should be and the problem was lack of demand? At least Dowell is not an economist and has an excuse. I would love to hear what Robert Schiller has to say about Greenspan's housing theory.
  3. Jack's Avatar
    I'm sorry, I messed up the quotation. Here it is, all in the name of reducing income inequality, providing the only possible solution to a housing oversupply problem which doesn't exist, a one step fix to Social Security (did Greenspan sell that too? I can't remember):

    "We ought to be opening up our borders to skilled labor from all parts of the world because if we were to do that we would increase the supply of skilled workers that our schools have been unable to create and as a consequence of that we would lower the average wage of skills and reduce the degree of income inequality in this country."
Put Free Immigration Law Headlines On Your Website

Immigration Daily: the news source for legal professionals. Free! Join 35000+ readers Enter your email address here: