Why Not Use Immigration To Ease The Financial Crisis

Bloomberg.com has posted a scary article on how America's growing financial crisis might lower our nation's appeal as a world financial center and repository of foreign investments. In a strange coincidence, Wall St. Journal immigration reporter, Miriam Jordan, reported recently on the global relocation of people seeking a better, more prosperous life. Her article ("With Millions on the Move, This Guide Maps the Routes to Prosperity") reports on a new study by the Economist Intelligence Unit, confirming that the U.S. still ranks #1 in "attractiveness to immigrants."

If (despite the financial turmoil) our nation remains the destination country of choice for immigration, why are our legislators and the Administration not scurrying to adopt more welcoming investment - and employment-based immigration laws?