This article is published on ilw:
Federal Reserve Chairman Alan Greenspan recently spoke on immigration in response to a question from the House of Representative Financial Services Committee:
"I think that immigration has been very important to the success of this country and I fully support it. I'm not sure I would want to give the reason that we're creating immigration to support our Social Security system. I think we ought to do it on the grounds that it is good for the country but not because it helps the Social Security fund -- because that then suggests that if we find other means to solve the Social Security problem that we shouldn't be expanding immigration and I would not support that."
Fed Chairman Greenspan understands that immigration is economically good for our country - we urge Congress to legalize migration flows and dramatically increase legal immigration in the near future.
Federal Reserve Chairman Alan Greenspan recently spoke on immigration in response to a question from the House of Representative Financial Services Committee:
"I think that immigration has been very important to the success of this country and I fully support it. I'm not sure I would want to give the reason that we're creating immigration to support our Social Security system. I think we ought to do it on the grounds that it is good for the country but not because it helps the Social Security fund -- because that then suggests that if we find other means to solve the Social Security problem that we shouldn't be expanding immigration and I would not support that."
Fed Chairman Greenspan understands that immigration is economically good for our country - we urge Congress to legalize migration flows and dramatically increase legal immigration in the near future.
