Politics

A Sensible Economic Plan vs. Obama's $700 Billion Stimulus Package

Obama Plan would Save/Create 2.5 Million Jobs — a much Cheaper Immigration MORATORIUM would Save 2.5 Million Jobs

By Roy Beck

President-elect Obama should make American workers the top priority, and call for an immediate end to adding foreign workers through Chain Migration and the Visa Lottery.

And he should consider a temporary moratorium on nearly all other worker importation.

The President-elect on Nov. 25 called on his ‘economic team to think anew and act anew’ while creating a stimulus package that he hopes will create 2.5 million jobs during the next two years at a cost of $500 to $700 billion.

But those efforts will be effectively cancelled out by our nation’s immigration and visa programs that are currently on auto-pilot to bring in approximately 2.5 million foreign workers into our besieged economy over the next 2 years.

In effect, current immigration policies, if left unchanged, are scheduled to allow 2.5 million new foreign workers to compete for the 2.5 million new jobs. Is this not an insane policy?

Let me review in case anybody misses the incredible juxtoposition of these two numbers:

  • Mr. Obama announced a plan costing hundreds of billions of dollars that he hopes will put 2.5 million Americans to work over the next 2 years.
  • Current immigration and visa policies are on auto-pilot so that during those same 2 years the government would bring in at least 2.5 million MORE foreign workers.

Will our government spend all of this money just so it can have just enough jobs for the new foreign workers it will bring in?

If we were to put a moratorium on all worker visas and immigration (except for nuclear family and refugees), we would achieve the same result as Obama’s program but at not even 1% of the cost!
Continue at Numbers USA

Staff