
James A. Dorn
The United States currently has an estimated 11 million immigrants who entered this country illegally. According to the National Research Council, the migration of these individuals into the United States costs American taxpayers $346 billion annually. Now we are starting to get a feel for the costs being absorbed by one sector — the U.S. healthcare system — to treat this population. And the cost is staggering.
Iran is preparing for a presidential election. It is assumed that the clerical establishment headed by Supreme Leader Ayatollah Ali Khamenei will use the substantial power at its disposal to guard against a repeat of the domestic upheaval that erupted in the aftermath of the 2009 contest. Nevertheless, the next president’s power will be limited.
One of the hottest topics among people interested in either international trade or manufacturing is the apparent trend in backshoring: moving manufacturing back to the United States from abroad. This is exactly the opposite of the offshoring trend that took hold more than 20 years ago and resulted in the movement of production of many familiar products from the United States to lower-cost countries.
By April 1st, the U.S. government began accepting applications for the H-1B highly skilled worker visa program. This year’s 85,000 H-1B slots were expected to be filled by April 5th. If industry experts, immigration attorneys, and government spokesmen are right and the annual H-1B cap is hit within a week of applications being made available, it will be the first time that has happened since 2008.
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