February 5, 2010

THE RIGHT VS. ECONOMIC GROWTH:

Washington Forgets Best Case for Immigration Reform (Richard Herman, 12/31/09, ImmigrationProfBlog)

Economic policy has never driven immigration debates ---- that must change.

In the new book, Immigrant, Inc. ---- Why Immigrant Entrepreneurs
Are Driving the New Economy
(and how they will save the American worker) (John Wiley, November, 2009), which I co-wrote with Robert L. Smith, we document how immigrants have created millions of jobs for Americans and now represent the most powerful job-creating force today.

Consider the following:

* Immigrants are almost twice as likely as native-born Americans to start a business.

* Immigrants are twice as likely as native-born Americans to file for a U.S. patent.

* Immigrants constitute the majority of Ph.D. candidates in many science and engineering programs at U.S. universities

* Immigrants founded more than half of the high-tech companies in Silicon Valley, and twenty-five percent nationwide.

* Many brilliant immigrants are turned away from this country because of an immigration system that does not value their skills.

To succeed in a knowledge-based economy, America needs an advanced-degreed, entrepreneurial, and globally-connected population. Today's immigrants bring these skills to the table --- with aces. Their world-class talents translate into the creation of new industries and generations of new jobs for Americans.

Immigration reform would also inject billions of dollars into the economy.
The Congressional Budget Office has estimated that $66 billion in new revenue over 10 years would have been generated if supporters of the 2006 immigration reform bill had succeeded in legalizing most undocumented immigrants.

Jobs and fiscal responsibility ----- this should be the message ----- not earned amnesty and candlelight vigils.


It's no coincidence that the economy--especially the housing market--slowed when the GOP blocked W's plan to add 1-200 million new Americans.



Posted by Orrin Judd at February 5, 2010 6:33 AM
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