Jan 30, 2020
Abby Cohen and James Anderson on U.S. immigration controls
Abby Cohen: The fastest growth in job creation is at either end of the skills spectrum—high-level health care, information technology, and so on, and low-end health care and hospitality. Those broad areas are largely filled by immigrants. Over the last handful of years, the immigration rate is down. Visas for people who have special skills or visas for students are down 20% to 40% since 2015.
James Anderson: It is amazing to have seen America throw away its biggest comparative advantage in the way it has, particularly with regard to highly skilled, inventive people. The percentage of your great companies founded by immigrant families is staggering. It is not talked about enough.
~ Abby Cohen and James Anderson, 2020 Barron's Roundtable, January 6, 2020
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