You all know it as the Trump Gold Card, but DJT sort of stole this idea from UP senior fellow and Ohio University economist, Richard Vedder.  Vedder originally floated this idea of auctioning visas to attract the highest talent some 30 years ago and, along with notables like Nobel economics laureate Gary Becker, has been pitching the idea to Congress and presidents ever since.

Finally, in Trump, he found a willing buyer and… voila: The Trump Gold Card.

The idea of the Trump plan is to offer visas for those willing to pay an entry fee of $1 million and gain access to the most treasured asset in the world: a U.S. passport. Trump boasts that under the plan “cardholders will receive U.S. residency in record time.”

Vedder says:

“My idea was to cut the budget deficit in half by using the market – not waiting lines and politics – to distribute visas. The most talented people who will create jobs and businesses pay America to move to the front of the line.”

We can still issue other visas for refugees, spouses, seasonal workers, and H-1B brainiacs.

By the way, here is the math: if we issue one million Trump Visas a year we will raise $1 trillion A YEAR, not counting the taxes these new arrivals will pay each year.