This episode of What’s Ahead discusses two solutions to the humanitarian crisis on our southern border.
To stem this disaster, President Biden must immediately reinstate the mechanisms the Trump administration had put in place that kept asylum seekers in facilities in Central America and Mexico while their claims were being processed.
Longer term, the White House is right in positing that prosperous economies in Guatemala, Honduras and El Salvador, the sources of most of the migrants, would sharply reduce these flows in the future.
Unfortunately, the administration’s answer—sending in $4 billion for local projects run by nongovernment organizations—won’t create sizable and sustainable growth.
There are several time-tested approaches—such as low tax regimes and making it easy to legally start a business—that enable local entrepreneurs to rise up and flourish.
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March 30, 2021 at 05:00PM
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Humanitarian Crisis: How Biden Can Save Our Southern Border - Forbes
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