When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Monday, August 22, 2011

If Washington was really serious about reducing unemployment

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If Washington was really serious about reducing unemployment, it would start by:

1. Allowing foreign students graduating from U.S. universities with graduate degrees have permanent residency upon graduation--In the long term, the nation needs comprehensive immigration reform. In the short term, policymakers should focus on reforms that are directly related to increasing the "brain gain" for the nation—creating new jobs and producing economic benefits—to produce tangible and achievable improvements in our immigration system.
http://www.brookings.edu/papers/2011/01_immigration_west.aspx;

2. Reforming the tax code--want an example? How about changing the stupid tax policy causing U.S. companies to relocate offshore--When A U.S. Company Redomiciles To The Cayman Islands, What Lesson Should We Learn?

None of the above is hard to comprehend, so why does Washington continue to do NOTHING?

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