Romney move to the middle on labor policy signals a willingness to distort the labor markets.

Today in The, Mitt Romney voiced his support for reformed job training programs for Americans and stepping up efforts to increase the number of highly skilled foreign recruited into the United States.  The Hill quotes Mr. Romney as saying, “I will raise visa caps for highly skilled foreign workers, offer permanent residence to foreign students graduating with advanced degrees in relevant fields, and restructure government retraining programs to empower individual workers and welcome private sector participation.”

So does Mitt Romney believe that American government should intervene in the labor markets?  Why can’t labor markets adjust supply and demand concerns via price like any other market? This may be more of Mitt Romney “softening” his tone so that he can reach out to the middle.

If the private sector demands labor, let businesses incur the cost of hiring by going the BMW route and training workers.  Why warp the labor markets by importing foreign workers?

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
This entry was posted in Economy, labor markets, libertarian, Mitt Romney, unemployment and tagged , , , . Bookmark the permalink.

One Response to Romney move to the middle on labor policy signals a willingness to distort the labor markets.

  1. Kenneth Ciszewski says:

    Romney’s reaction is predictable. He’s pro business, and business likes foreign workers on work visas (which they can hire for less than American workers), and not having to pay to train American workers is what business wants. Work in any US corporation and see how much education and training most of them won’t pay for.

    The GOP, despite its whining about not wanting the government to interfere in the lives of citizens, is more than happy to have government “interfere” when it helps business. They’ll distort anything they need to help business.

    I would not characterize this as a move toward the middle. It’s merely pandering to business.

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