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Nick Gass on Politico reports that former Federal Reserve Chairman Alan Greenspan opined yesterday that the United States should open up its H-1B visa program to more workers to grow the economy and boost productivity. Speaking at a Council on Foreign Relations event on international economics, Greenspan maintained that he has always found the program rewarding skilled workers who attend college in the United States to be overly narrow.

In 2009, Greenspan testified before Congress that undocumented immigration makes a “significant” contribution to U.S. economic growth by providing a flexible workforce.  Greenspan testified that undocumented immigrants provide a “safety valve” as demand for workers rises and falls.

KJ

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