Obama vs. Silicon Valley on Immigration

Wall Street Journal
December 3, 2012

Allowing skilled immigrants to stay in the U.S. would fill the hundreds of thousands of job vacancies expected in the sciences and technology. An increase in skilled immigrants would jump-start the economy. They would support the housing market by increasing demand. The best way to raise tax revenues is by adding new workers paying taxes, not by having fewer people paying more in taxes.

The U.S. has long been a haven for immigrants, giving the country a comparative advantage in attracting talented people. There is now global competition. Human capital will keep coming only so long as the U.S. has the wisdom to reopen its borders.

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About NAE

New American Economy is a bipartisan research and advocacy organization fighting for smart federal, state, and local immigration policies that help grow our economy and create jobs for all Americans. More…