Trump's immigration plan is bad for business, Douglas Holtz-Eakin says
American Action Forum President Douglas Holtz-Eakin said President Trumpâ€™s new immigration plan is bad for business.
â€œThis is basically a proposal that doesnâ€™t increase high-skilled immigration at all and it only has one kind of skill allowed inâ€”thatâ€™s the high skill and the labor market has a high range of skills,â€ he told FOX Businessâ€™ Stuart Varney, and added that moving towards market-based immigration reform â€œreflects the needs in the markets.â€
Holtz-Eakin did agree, however, with the way Trump proposed to reform the visa system.
â€œI think itâ€™s on the mark in changing the way we award our visas. Right now, under 10% of visas are awarded for economic reasons and thatâ€™s not a very sensible approach in the 21st century,â€ he said.