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Immigration Reform Would Help
Businesses across the country are eager to grow and expand, but many are facing a daunting challenge: not being able to find enough workers to meet customer demand. America’s persistent worker shortage is a common problem for businesses in every sector. But in one small town near Phoenix, it’s not just a story from newspaper headlines—it’s personal. “I haven't talked to a small business owner in the last couple years who has told me that they have no problem finding people,” says Richard Cardew, founder and managing member of Cardew Hay Co. in Buckeye, Arizona. “I mean reliable people who will show up on time, do a good job, and take pride in their work.” Cardew believes modernizing America’s immigration system to better meet our nation’s economic needs is key to helping alleviate this ongoing worker shortage.
Immigration Reform Would Help
Three Reactions To Fitch Downgrade
America is still the safest place to invest but public policy risks are growing. Here are three reactions to the Fitch Ratings downgrade: First, the impact on the cost of borrowing and on the markets will be minimal. That is because America is still the safest investment in the world. No one should ever bet against us, thanks in large part to the resilience and innovation of the American business community. Second, that said, the downgrade is a reminder that our elected leaders on both sides of the aisle are playing with fire when it comes to the debt limit and our debt and deficit. Leveraging the debt limit against the threat of default has become alarmingly frequent and proposals from both parties to side-step the limit by “invoking the 14th Amendment” or “prioritizing payments” only increases the risk that one day leaders will miscalculate and actually default on our obligations. Retirement and healthcare programs along with rising interest payments on our debt are pushing the fiscal outlook into unchartered territory with deficits growing as a share of the economy each year, crowding out private investment and making America poorer. The longer these challenges are left unaddressed, the more difficult it will be to solve them. Third, this greater fiscal risk is only compounding the other policy risks holding back American businesses and the economy.
Reactions To Downgrade
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