The Protectionist And Anti-Immigration Congress

The Harvard Crimson reports:

Troubled financial institutions that recruit heavily from Harvard may soon face restrictions on hiring international students if they accepted federal bailout funding. Under a recently passed amendment to the federal stimulus bill, companies participating in the Troubled Assets Relief Program—a government financial-rescue plan implemented last fall—will face more restrictions in hiring H-1B visa holders, foreigners with at least a bachelor’s degree and “highly specialized knowledge” in a particular field.

Link via Harvard’s Greg Mankiw, here.

28 Responses to “The Protectionist And Anti-Immigration Congress”


  • This legislation was sponsored by Sanders (I) and Grassley (R).

    http://www.prweb.com/releases/Economy/Stimulus/prweb1971974.htm

    That being the case, perhaps the more appropriate tag would be “conservatives”, rather than “liberals”.

  • Doh! That damn Sanders guy! 🙂

    Either way, its a horrible bill that will make the problem worse.

  • From a humanitarian perspective, our fellow human beings, who migrate to support their families, continue to suffer at the hands of immigration policies that separate them from family members and drive them into remote parts of the American desert, sometimes to their deaths. This suffering should not continue.

    Now is the time to address this pressing humanitarian issue which affects so many lives and undermines basic human dignity. Our society should no longer tolerate a status quo that perpetuates a permanent underclass of persons and benefits from their labor without offering them legal protections.

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