Wednesday, December 21, 2011

Lack of immigrants could hurt growth

Our economy needs immigration reform -- now. - - Donna Poisl

By JOSH BOAK

Congress could be hampering economic growth by moving slowly on immigration reform.

Illegal border crossings may grab the headlines, but the entrepreneurial spirit of foreign-born graduate students has become essential for job creation. Of the 50 top firms that received venture capital backing in the past three years, 46 percent include at least one immigrant founder, according to a report released Tuesday by the National Foundation for American Policy.

“It’s clear that America gains a great deal when we’re open to talent, wherever that talent is born,” said the foundation’s executive director, Stuart Anderson.
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1 comment:

Spike Williams said...

I agree with the post. It could really hurt. Like in a certain economy, lack of immigrants will make it more income or money in a certain place it's because as we all know, foreign workers provides money of a certain place. http://www.nationalvisas.com.au/working/workingholidayvisas.htm