That was quite an admission by the President on yesterday's talk shows about having to create 150,000 jobs each month to keep up with the growing working population. Do you suppose we now have a chance of getting him to question why we are giving out 160,000 new green cards and new temporary work permits each month to working-age foreigners?
Here is what he said on CNN:
I think we'll be adding jobs, but you need 150,000 additional jobs each month just to keep pace with a growing population," the president said. "So if we're only adding 50,000 jobs, that's a great reversal from losing 700,000 jobs [a month] early this year -- but, you know, it means that we've still got a ways to go.
-- President Obama
What the President was saying is that his Administration and our economy have to swim uphill to stop unemployment from getting worse. Not only do they have to end the elimination of jobs, but they have to add net new jobs faster than the labor force is growing.
He could improve his numbers immediately by doing something about the 160,000 new green cards and new temporary work permits his Administration is giving out each month.
According to the latest government statistics, we are giving out 79,000 green cards each month to permanent immigrants above the age of 18. In addition, those stats show we're giving out 78,000 new temporary work permits to first-time foreign guest workers. That rounds off to 160,000.
About 35,000 of the green cards go to foreign workers who were already here on temporary work permits, so the net new workers each month is more like around 125,000. Nonetheless, there actually are 160,000 foreign workers in play each month that Pres. Obama could decide to postpone.
ROY BECK is Founder & CEO of NumbersUSA
Updated: Tue, Sep 29th 2009 @ 11:38am EDT