US immigration Bill - is there an opportunity in crisis?

Business history buffs may remember that in 1981, the Reagan administration pressured the Japanese automotive industry to accept a "voluntary" export restraint agreement, limiting car imports into the US to 1.68 million cars a year. This agreement was supposed to protect its uncompetitive and floundering car manufacturers but, in retrospect, it did nothing to help General Motors, Ford or Chrysler become more competitive. Instead, it dramatically boosted the competitiveness of the Japanese car manufacturers in four ways.

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