Atlantic Yards EB-5 Effort Gets Close Scrutiny

Journalist Norman Oder has studied and analyzed Forest City Ratner’s planned $4.9 billion Atlantic Yards project in Brooklyn, New York, a project that three years ago, he reports, raised $228 million through the EB-5 immigrant visa program. Project sponsors, who have already built the Barclays Center Arena and have started one residential tower, are now working towards … Read moreAtlantic Yards EB-5 Effort Gets Close Scrutiny

The Great Employment Giveaway

Subjects: H-1B visa, Immigration, Bachelors Degree, L-1 visa, O-1 visa, TN visa, Work years Since 2000, USCIS starts the fiscal year by giving away about 1 million work-years, in advance, to skilled non-immigrant foreign workers. In the chart below, we see the actual visas granted by year; however, most of these visas do not expire … Read moreThe Great Employment Giveaway

Comparison: “Inequality for All”

Subjects: Income Inequality, Immigration  No, I haven’t seen Reich’s, Inequality for All, but I did notice a similarity between his “suspension bridge” graph and the Census data for the foreign-born in the labor force, covering roughly the same period. It appears to this layman, that income inequality peaked during the era of the robber-baron, i.e., the … Read moreComparison: “Inequality for All”