Do you remember when Obama promised Americans that Obamacare would save you $2500 a year, cut the deficit, not cover abortion, allow you to keep your insurance and allow you to keep your doctor? And then after it passed we found out none of that was true?
Well, he’s doing it again.
Last month Obama said the immigration bill would reduce the deficit. Today Obama said it would boost home values. The man has no shame. The Hill reported:
President Obama on Tuesday argued that enactment of the Senate’s immigration reform bill would boost home values across the country.
“It’s pretty simple: when more people buy homes, and play by the rules, home values go up for everybody,” Obama said during a speech on home ownership in Phoenix.
Obama conceded that immigration was “something you don’t always hear about when it comes to the housing market,” but he said the two things go hand in hand.
“According to one recent study, the average homeowner has already seen the value of their home boosted by thousands of dollars, just because of immigration,” the president said. Cecilia Munoz, the director of the White House Domestic Policy council, tweeted during Obama’s speech that it was a “fact” that immigration reform “will substantially increase home values.”
This is a variation on Greenspan in 2008 who recommended that we import more H-!B's to solve the building, housing, and mortgage crisis. He forgot about the American workers who already held those STEM jobs.