Moving The Jobless To The Jobs--Crucial For Economic Growth

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A moving truck is shown at a house that was sold in Palo Alto, Calif., Tuesday, June 19, 2012. The average U.S. rate on the 30-year fixed mortgage stayed this week at the lowest level on record. (AP Photo/Paul Sakuma) | AP

Immigration is suddenly a hot topic in Washington. From an issue with about as much traction as an ice cube on a skating rink, the election (and Republican’s drubbing at the hands of Latinos) has created a consensus around the need for reform. That’s great. There are very few things Washington could do to help the U.S. economic recovery and long-term growth than welcoming more entrepreneurs, creators, and workers from overseas. But while the movement of people to America is on the agenda in D.C., politicians might want to think about the benefits of people moving inside America, too.

Read the whole story at Bloomberg Businessweek