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Bill Clinton Sees 'More Immigrants' As A Way To Reduce Deficit

Bill Clinton Sees 'More Immigrants' As A Way To Reduce Deficit Dan Froomkin Dan Froomkin Wed Apr 28, 2:26 pm ET Former President Bill Clinton enthusiastically weighed into the blistering national debate on immigration today with a resounding assertion that America needs more immigrants -- not fewer -- to ensure its long-term fiscal future. At a symposium on deficit reduction today (see my earlier story), Clinton said that one key to avoiding massive debt is to maintain a good ratio between people paying into the system, and those receiving payouts (through such programs as Social Security.) That means more jobs and more people working, he said. "Which to me means more immigrants." Clinton said he supports immigration reform as proposed by President Obama or as supported by Sen. John McCain before he changed his mind. Clinton spoke glowingly of the immigrant experience in the United States. "We've got somebody from everywhere here, and they do well," he ...
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Ben Bernanke teaches at Jacksonville University

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Ben Bernanke, the Chairman of the Board of Governors of the Federal Reserve System, came to Jacksonville University on November 5, 2010 to be a guest lecturer in the Money and Banking course. He spent most of the time answering questions from students. The 45-minute video of the class is available from C-SPAN.
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AP survey: Recovery to remain sluggish into 2011

In the April 12, 2010 article " AP survey: Recovery to remain sluggish into 2011 ," Associated Press economics writer Jeannine Aversa says a survey of economists suggests U.S. economic growth will remain quite modest until at least 2011. "Among the first survey's key findings: • The unemployment rate will stay stubbornly high the next two years. It will inch down to 9.3 percent by the end of this year and to 8.4 percent by the end of 2011. The rate has been 9.7 percent since January. When the recession started in December 2007, unemployment was 5 percent. • Home prices will remain almost flat for the next two years, even after plunging an average 30 percent nationally since their peak in 2006. The economists forecast no rise this year and a 2.3 percent gain next year. • The economy will grow 3 percent this year, which is less than usual during the early phase of a recovery and the reason unemployment will stay high. It takes growth of 5 percent for a year to lower th...
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