Wednesday, June 13, 2007

CEOs Find Lack of Political Leadership on Trade


With the collapse of the immigration bill in the Senate last week, the gap between business and politics in the U.S. has widened into a frightening chasm.

Business is embracing the global economy more than ever before. Politics is turning away from it. The immigration bill was meant to be a modest nudge in the direction of a skills-based immigration system, which would help American business compete in the world. But it faced rejection in the Senate, largely by Republicans, because of fears it would open the border gates too wide.

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