Immigration Helps the US Economy

I just found this website with an interesting immigration news story:

In a recent letter from US Commerce Secretary Gary Locke and former Commerce Secretary Carlos Gutierrez, two outstanding key points focusing on the economic benefits of reforming the US immigration system and the possible further detriment to the US economy if Congress fails to act are outlined.

They go on to point out that 25% of venture-backed, public companies were started by immigrants, such as Google, Ebay, Yahoo!, Sun and Intel, but the US wastes similar talent by not granting permanent residency to the almost 400,000 students that come here each year to educate themselves.  They also point out how, in the long run, these bad immigration policies will prevent us from remaining economically competitive as a nation.

Take a look at the full story here.

Comments (0)

Post a Comment