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Ali Noorani: Immigrants Are Worth More Than Zero

Fox News Latino
May 11, 2012

Americans of all political stripes agree: As a nation of immigrants, we value and welcome immigrants who want to become American citizens, because it’s good for our economy and for our country.

Strange, then, that Congress is on the verge zeroing out funding for programs that encourage citizenship — for the second straight year.

When he announced his budget proposal Feb. 13, the president requested $11 million for grant programs that help bring citizenship within reach for our newest Americans. Recognizing the benefits to all of us when new Americans contribute fully to our society, Congress has funded such programs before, beginning with the George W. Bush administration.

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More Wealthy Chinese Said to Prepare Exits

Wall Street Journal
May 11, 2012

Some immigration lawyers have seen a new increase in the number of Chinese seeking foreign citizenship, a trend they suggest is tied to worries about political turmoil and economic slowdown in China, especially among businesspeople and politicians seeking to protect their families and wealth.

"There's definitely a surge in China for what I call 'let-me-out-now' product," said Jean-Francois Harvey, an immigration lawyer based in Hong Kong who deals with clients throughout Asia.

The recent interest builds on a trend of growth in applications from Chinese seeking to emigrate to places like the U.S., Canada and the U.K. in recent years, including to programs that promise citizenship in exchange for investments: In the U.S., 75% of investor-immigrant applicants were from China in fiscal 2011.

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Dayton's Immigration Strategy for Growth is Drawing Notice

Fox News Latino
May 10, 2012

The corner of East Third Street and Bell in Dayton’s East End offers a view of what happens when the American Dream leaves town.

Paints peels off the wood siding of vacant homes. Feral cats roam among the overgrown weeds and ivy that have overtaken a crumbling parking lot. A graffiti-covered restaurant sits in a state of decay. In the surrounding neighborhood homes stand empty, windows covered by plywood and “No Trespassing” signs stapled to the front doors.

The East End is one of many neighborhoods throughout the city, and the Rust Belt as a whole, that have fallen on hard times in the wake of the population loss and the departure of manufacturing jobs.

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How Immigrants Affect the Economy: Weighing the Benefits and Costs

The Globe and Mail
May 10, 2012

What's clear, though, is that immigrants recently have tended to earn less than the general population.

Unemployment

In the late 1970s, immigrants earned about 85 to 90 per cent of what the Canadian-born earned. By 2006 that figure had fallen closer to 60 per cent, according to a recent study from the Institute for Research on Public Policy. Although employment rates tend to catch up within five to 10 years, it's taking longer and longer for wages to match.

To change those ratios would require, at minimum, greater upfront spending on matching immigration to the country's needs, and in settlement assistance. Citizenship and Immigration Minister Jason Kenney's current reforms have yet to call for additional investment in selection or settlement.

Remittances

Many immigrants also send money to family in their native country, removing a portion of their income and spending power from the Canadian economy. A Statistics Canada study found that about 30 per cent of immigrants sent money home in the first two to four years after their arrival in Canada, at an average of about $1,450 per year.

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Help Wanted: Our Workforce Needs Americans of All Skill Levels

National Journal
May 10, 2012

Slowly — very slowly — America is getting back to work. And when you look at the representation of foreign-born workers across our economy, it is clear America remains a nation of immigrants.

Shoulder to shoulder, generations of Americans stand with families of new Americans, their collective prosperity depending on immigrants and immigration to the United States.

Increasingly, a skilled home health care aide from Vietnam will be just as important to our elderly as a skilled physician from Colombia. But the U.S. immigration debate focuses on the “high-skilled” worker.

This narrowing of the debate undermines the value of work. It does so by creating a double-edged sword that separates the contributions of “high-skilled” and “low-skilled” workers, which deepens social and economic divides across all communities.

Evidence is building that this separation is misguided. The Brookings Institution and the Partnership for a New American Economy recently released an eye-opening study showing the importance of immigrant workers across the economic spectrum.

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U.S. Hispanics Expected to Have Increasing Economic Impact

TheLedger.com
May 9, 2012

Blanca Pagan works in banking. Sarah Corona owns a Cuban restaurant, and her husband, Jesus Corona, owns a construction company.jobs.

Pagan came from Puerto Rico with her boyfriend in 1995 to find a better life before they could start a family. The Coronas came from Cuba.

Today, they have families and are preparing their children for productive lives here.

This is the future of America.

The rapidly growing Hispanic population has become, and is expected to be, an even greater force in the U.S. economy.

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Iowa View: Fixing Legal Immigration Will Help Employers and Economy

Des Moines Register
May 9, 2012

The political discussion surrounding immigration often focuses on border security, deportation and amnesty. Lost in the debate is the critical need to reform legal immigration so that we can create more U.S. jobs.

Our country has long embraced legal immigrants who are truly the best and the brightest in their fields. These immigrants start companies and create jobs for U.S. citizens.

Successful immigrants have helped to form our U.S. culture.

Levi Strauss came from Germany and founded the clothing company that carries his name. Andrew Carnegie came from Scotland and created a steel industry legacy. An Wang came from China and started an early computer company. Yahoo was co-founded by U.S.-educated Jerry Yang, who migrated from Taiwan. David Ho came to the U.S. unable to speak English, but today is a U.S.-educated, world-renowned medical researcher. Physicist Albert Einstein and publisher Joseph Pulitzer both immigrated to the U.S. and have left lasting legacies woven into our culture.

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A 10-Point Plan to Stimulate Biotech & the Economy as a Whole

Xconomy
May 9, 2012

AN OPEN LETTER TO PRESIDENT OBAMA

Dear President Obama:

As you and the rest of our nation’s leadership grapple with the momentous questions of restoring our collective financial stability and eminence, I am hopeful that some lessons from my background as an immigrant—now naturalized citizen—might prove instructive. The undeniable fact that runs throughout all the lessons I have learned, which seems to be overlooked by many in this country, is that America is truly the land of opportunity.

I arrived here from Iran as a young man, with some experience as a sales representative at my family’s pharmaceutical company. My father strongly encouraged me to get a “real education” and out of respect for him, I traveled to this land of opportunity, and earned an advanced science degree at the University of San Francisco. Fortunately for me, a chemistry professor at USF assumed the role of my mentor and convinced me to undertake a career in chemical research and discovery. As the doors to my native country closed as a result of the 1979 revolution, I arrived at the University of California-Davis, where I earned a Ph.D. in synthetic organic chemistry. The caliber of students and professors I have worked very closely with at every step of the way proved the U.S. educational system is truly second to none.

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Report: New Tech City

Center for an Urban Future
May 2012

[Excerpts from report]

...

"In just a few short years, New York’s tech sector has emerged as an increasingly powerful economic driver for the city. At a time when few other industries were growing in New York, more than a thousand new tech start-ups were formed in the city. This burst of tech company formation has created thou- sands of good paying jobs in the five boroughs, attracted large amounts of capital from outside the city, pumped new life in the city’s entrepreneurial economy, and lured some of the world’s smartest and most innovative people to New York at a time when the most competitive cities are the ones with the best hu- man capital and greatest capacity for innovation."

...

"By far the most immediate and effective rem- edy for the city’s engineering talent gap would be to streamline the visa process and dramatically raise the federal cap on highly qualified immi- grants.Whether they are just starting out or trying to scale up to meet demand, literally hundreds of tech companies in New York struggle needlessly because of federal visa issues. In our interviews, nearly every executive who was hiring top level staff could describe in excruciating detail the kinds of problems visa issues presented."

"Given the backlog on green cards, entrepreneurial engineers who rely on the sponsorship of their current company something all H1B visas require can’t break away to start their own companies in the U.S. “There’s a hidden cost,” notes Gilt’s Kevin Ryan. 'The guy I employ to come here, there’s a good chance he’s going to want to start another company after being here for a few years.'"

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On the Rise: Immigrant Entrepreneurs

CNN Money
May 8, 2012

Working for a new company? There's a more than one-in-four chance your new boss wasn't born here.

Immigrants created 28% of all new firms last year. They were also twice as likely to start a new business when compared to those born in the United States.

It's a notable shift. Nearly all new firms are small, and many are hiring new workers, seeking small business loans and shaking up established industries.

What's behind the rise of immigrant entrepreneurs?

Click here to read the full report.