June 19, 2007
Bloomberg (the Independent) and Immigration
Tonight, the word is out that Michael R. Bloomberg, mayor of New York City, is no longer a Republican. This has fueled further speculation about a possible presidential bid. In a campaign-style speech yesterday in California, he listed immigration as one of the many areas where the federal government has failed to lead. While he addressed other issues like education, health care, poverty and global warming in some detail, he didn't say anything about the way forward on immigration. But he has previously expressed support for broad legalization provisions, made clear his opposition to temporary guest worker programs that do not offer a path to citizenship, and noted the degree to which the solvency of Social Security is dependent on robust immigration in the future.
June 19, 2007 | Permalink
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Good ridence. The mans a RINO anyway, a rogue who established a sanctuary city for illegal aliens, a man having a philosophy closer to a Democrat than a Republican.
Posted by: Horace | Jun 19, 2007 5:52:40 PM
The argument that the addition of millions of amnestied poor would make Social Security solvent is ludicrous. SS is just a Ponzi scheme in which one has to add more contributers to just keep it from going bankrupt. Imagine a company that in order to avoid bankruptsy had to add new investors just to pay off the early contributers. Unfortunately, reality catches up to such schemes, and down the road, when low income contributers retire in large numbers, and withdraw greater sums than they put in, the whole thing collapses. Only a large addition of new wealthy immigrants could tip the balance and result in solvency.
Posted by: George | Jun 19, 2007 6:02:32 PM