immigration: Could Relaxing Immigration Restrictions Aid the Economic Recovery?
- 02/13/09 11:47 AM
Here's one way to increase the pool of home buyers: Allow more skilled immigrants to enter the United States legally. Erik Emery wrote a post on a Thomas Friedman article in the New York Times that says we should do exactly that. “All you need to do is grant visas to two million Indians, Chinese and Koreans,” said Shekhar Gupta, editor of The Indian Express newspaper. “We will buy up all the subprime homes. We will work 18 hours a day to pay for them. We will immediately improve your savings rate — no Indian bank today has more than 2 … (1 comments)
Here's one way to increase the pool of home buyers: Allow more skilled immigrants to enter the United States legally. Erik Emery wrote a post on a Thomas Friedman article in the New York Times that says we should do exactly that. “All you need to do is grant visas to two million Indians, Chinese and Koreans,” said Shekhar Gupta, editor of The Indian Express newspaper. “We will buy up all the subprime homes. We will work 18 hours a day to pay for them. We will immediately improve your savings rate — no Indian bank today has more than 2 … (1 comments)
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