PowerTalk: Immigration and Immigration Reform with former Secretary of Commerce Carlos Gutierrez

Chris Versace

Chris Versace is a financial columnist and equity analyst with more than 20 years of experience in the investment industry.

As you know, there is a lot going on in the press these days — with the IRS targeting conservatives, federal officials scandalously obtaining the phone records of AP journalists and the killing of four Americans by terrorists at the U.S. consulate in Benghazi, Libya, to name a few. Another key concern is immigration and immigration reform.

Advertisement.

Joining me this week on PowerTalk to sort through the issues surrounding immigration is former Secretary of Commerce, under President George W. Bush from 2005 to 2009, Carlos Gutierrez. Before he was the Secretary of Commerce, Gutierrez was the chairman of the board and CEO of the Kellogg Company (K).

As economist and PowerTalk friend Douglas Holtz-Eakin recently wrote, “Immigration reform resulting in net population growth and an increase in employment-based immigration would likely have wide-reaching economic benefits, and would provide a boost to the housing sector.” Companies poised to benefit include not only homebuilders like Toll Brothers (TOL) and D.R. Horton (DHI), the nation’s largest homebuilder, but also furniture, paint and appliance vendors like Ethan Allen Interiors (ETH), Sherwin Williams (SHW) and Whirlpool (WHR).

It’s not just housing that would benefit from a revamped immigration policy. Consider that Mark Zuckerberg, Facebook’s (FB) co-founder and chief executive, pulled together an impressive roster of tech executives to advocate for immigration reform.

Advertisement.

Why?

In the U.S. technology industry, there’s a dramatic shortfall in the number of Americans skilled in computer programming and engineering that is hampering business. According to data from the Society for Human Resource Management:

  • 65% of organizations hiring full-time employees say they are having difficulties recruiting for specific job openings.
  • Half of organizations said candidates do not have the right skills for the job, while 42% said candidates lacked the needed work experience.
Exclusive  Have You Seen This Amazing Chart? Bitcoin Rules!

As former Secretary of Commerce Gutierrez tells me, if we want to get the country back on a firm growth path, we need to revisit immigration. He would know. After all, in 2004, he was the person that Fortune Magazine dubbed “The Man That Fixed Kellogg.”

Listen now:

Advertisement.

Special introductory offer: Right now you can try Chris Versace’s PowerTrend Profits risk-free for only $99.95! Find out how, here.

Access prior PowerTalk interviews here:

Steve Forbes Focuses on the Economy, Taxes, Health Care and Obama

Susan Crawford, Author of “Captive Audience: The Telecom Industry and Monopoly Power in the New Gilded Age”

Advertisement.

Paul Musselman, CEO of Carnegie Speech

Jim Nolan, EVP of InterDigital (IDCC)

Manish Chandra, Founder and CEO of Poshmark

Michael D. Brown, Customer Experience Expert

Debra Kaye, Partner at Lucule Consulting

Beth Solomon, President and CEO of NADCO

Advertisement.

Bob Keheller Founder of The Employee Engagement Group

Stephen Moore of the Wall Street Journal

Currency Expert Bernard Lietaer

CEO of Accellion Yorgen Edholm

Founder and former CEO of Staples Tom Stemberg

Bestselling author Daniel Pink

dwinQ’s Patrick Sweeney

Cuttone & Company’s Keith Bliss

Visa’s Jason Alderman

GM’s Greg Martin

Consumer Electronic Association CEO Gary Shapiro

Smith & Wesson CEO James Debney

Mobile Payment expert Matt Jacobson

share on:

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
share on:

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle
LEARN MORE HERE

DayTradeSPY

DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it... Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • Inner Circle
  • Online Workshops
LEARN MORE HERE