Skip to comments.Greenspan: Immigration reform will help U.S. economy
Posted on 05/01/2009 12:42:37 PM PDT by La Lydia
WASHINGTON - Congress should enact "badly needed" immigration reforms to bring in both unskilled and skilled foreign workers if it wants to maintain the nation's economic vitality, former Federal Reserve chief Alan Greenspan said Thursday. Greenspan called for both a temporary worker program for low-skilled jobs and for an increase in visas for highly skilled workers...in testimony at the first Senate hearing this year on the prospects of an immigration overhaul.
Noting the "very large participation" of undocumented workers in both low- and high-skilled jobs, he said, "if you were to remove either of those groups, the economy would be very much in trouble."...Greenspan was the star witness in the first hearing chaired by Sen. Charles Schumer (D-N.Y.), brought in to lay out an economic rationale for immigration reform at a time of economic crisis...The subcommittee's ranking Republican, Sen. John Cornyn of Texas, said he agreed with Schumer on many of his goals for immigration legislation. But later he questioned if it were possible to pass a bill this year.... Though Greenspan acknowledged Americans would like to see "the number of illegals decreased," he said "illegal immigration has made a significant contribution to the growth of our economy."...
Schumer polled the second panel of experts for the top obstacle, and three of four said it was legalizing undocumented workers already in the country. Meisner said it created the political problem when Americans think "that legalization is rewarding lawbreaking."...Schumer responded that the biggest fear of Americans is that a new overhaul, like the 1986 amnesty for undocumented workers, would not stop the influx of illegal immigrants in the future. "Their biggest fear is that it's going to happen again and again and again," he said.
(Excerpt) Read more at newsday.com ...
I wonder how often Andrea gives him his insanity pills?
Here comes the OBL crowd. I expect the WSJ to endorse the idea soon.
Anyone ever try to tell people at a job you no longer work at how to run things?
Did they listen?
Go away Alan. Havent you done enough damage? Trying to finish it off so were all working for $3/hour?’
When you and I are being offered $3 per hour- the illegals will work for $2/hyr.
Greenspan should have to live for a year on what I make and see how the real world is.
Go f*** yourself.
Guess the dozens of other legal routes aren’t helping any more than the illegal routes so we need even more legal routes.
Idiots like Greenspin need deportin.
Yeah, Greenspan, we should listen to the guy most responsible for the housing bubble for advice on any other subject...
“Go away Alan. Havent you done enough damage? Trying to finish it off so were all working for $3/hour?”
Gosh, I can’t say it better than you did.
What the hell...............just get rid of the borders all together. They don’t do anything with them anyway.
So Greenspan doesn’t want high skilled Americans to get high skilled jobs and Robert Reich doesn’t want high skilled Americans to get the jobs that the Stimulus Package would created. This is the American With NO Abilities Act.
Alan, you’ve done more damage to this country than you know or will ever admit, and you did it while calling yourself a libertarian (even though you were the country’s biggest central planner). Go away. That’s all. Thanks.
Wasn’t Greenspan the one who helped bring the economy to where it is today? I guess the pompous ass hasn’t heard that 600,000 AMERICANS are losing their jobs monthly. How ‘bout we do a little AMERICAN “reform” first before we worry about Mexico’s unemployed.
To paraphrase Jeff Foxworthy, if Greenspan doesn’t want you getting a job and Reich doesn’t want you getting a job, you might be a conservative!
Alan Greenspan was brain-dead when he was head of the Fed. Now he is even worse.
Greenspan and his handler’s policies are the reason the *world’s* economy is in such a mess. (actually, they made the mess to take our savings)
I don’t think anyone should take his word on immigration.
How exactly will that help anyone? Seen the hoards at HD lately? Pretty quite isn't it. There are enough houses now for years and years to come.
Progressives, all alike, just different sides of the same coin. Beck has it right.
I am tired of liars shoveling this $hit. We have employment appraoching double digits and this buffoon is calling for amnesty?