"Romney: Cutting Taxes and Regulations Equals Jobs"—For Foreigners
September 07, 2011, 05:59 PM
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Mitt RomneyMitt Romney made a speech recently that said he'd cut regulations to increase job growth. I'm all for that—one reason some employers aren't hiring is because of government red tape, and environmental regulations that make their work illegal or impossible. But Romney doesn't seem clear on who these jobs are for:
"Romney also proposed increasing opportunities for talented foreigners to find work here, proposing an expanded H1B visa program for skilled workers." [Romney: Cutting Taxes and Regulations Equals Jobs | Former executive offers 160-page "business plan" to restart economy, By Jim O'Sullivan, National Journal,  September 7, 2011]
Just a reminder—what employers want when they're hiring H1B Visa holders is not talented foreigners, but cheap ones.