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Richard Herman
OHIO
Detroit: over last 60 years, lost 50% of population (1.8 million to 900,000) Percentage of immigrants dropped from 30% to 10%
Cleveland: over last 60 years, lost 60% of population (950,000 to 396,000) (17% in 10 yrs) Percentage of immigrants dropped from 30% to 5%
In 2011, with the Rust Belt & U.S. economy stuck in first gear, its time we remember..how to drive the economy ..FAST
When it comes to job growth, STARTUP companies arent everything.. theyre the ONLY THING!
ALL net job creation in America over last 25 years comes from STARTUPS --creating 40 million new jobs New Firms add an average of 3 million jobs in first year Older companies lost 1 million jobs annually
Immigrants twice as likely as native-born to start a business; * Immigrants founded more than 50% of the high-tech companies in Silicon Valley; * Immigrants are more likely to earn an advanced degree, invent something, and be awarded a U.S. patent;
Immigrant-Founded Companies
7 of 10 most valuable brands in the world were created by U.S. immigrants or children of U.S. immigrants
Ford GE AT&T Boeing Disney Apple Hertz Pfizer Google Budweiser McDonalds IBM Kraft Procter & Gamble Levis Bank of America Intel Home Depot U.S. Steel Dow UPS Estee Lauder DuPont Heinz
* * *
25 % O F A L L P U B L I C , V E N T U R E - B A C K E D F I R M S I N U . S . F O U N D E D B Y I M M I G R A N T S A D D H I G H T E C H L A B E L , P E R C E N TA G E I N C R E A S E S T O 4 0 % M A R K E T C A P O F $ 5 0 0 B I L L I O N - - - P U B L I C , V E N T U R E B A C K E D I M M I G R A N T C O M PA N I E S
percent increase in immigrant population was linked to a 6 percent increase in bilateral trade with the immigrants home country.
For every 100 international students who stay after earning U.S. advanced degrees in science, technology, engineering or math a CREATE 262 JOBS IN AMERICA
2011 Study by American Enterprise Institute & Partnership for New American Economy:
Percent of Foreign Students in STEM Fields of Study: 36.1% Percent of U.S. Undergraduate Students in STEM Fields of Study: 13.7% N. Carolina Institutions with the Highest Number of Foreign Students
InsLtuLon
City
North
Carolina
State
University
Raleigh
Duke
University
&
Med
Center
Durham
University
of
N.
Carolina
Chapel
Hill
University
of
N.
Carolina
CharloKe
Total
3,235
2,485
1,674
1,300
Immigrants have created millions of jobs for Americans, and will create millions more. if we let them --- in advanced manufacturing, clean energy, biotech, advanced materials, exports.
Can Immigrants Help Save the Rust Belt & U.S. Economy?
Immigrant
Incarceration
Rates
are
one-fth
Immigrants largely compliment, not displace, American-born workforce. Immigrant workers usually work in high-skilled or lower skilled jobs, where U.S. has a shortage of workers.
We dont talk about immigrants as the DreamKeepers, the Job-Creators, the Bedrock of FamilyValues, the ENGINE that makes America work!
Global Philly
BROKEN
Discriminate Against Highly Skilled. Of 1 Million Green Cards issued per year, only 4-5% or given to highly skilled (advanced degreed) or investor immigrants Malawi = India (nationality quotas: each country allocated 7% of employment based green cards per year, regardless of their nations population)
These quotas are nearly 60 years old ----- they have no relationship with the needs of Americas New Economy
Skilled immigrants, many of whom want to start their own company in the U.S., have to wait up to 8 years for a Green Card
National Suicide.
And not just PhD immigrants ----- all hardworking immigrants with a dream. Its all connected.
The richest regions are those with the highest proportion of immigrants.
Presidents Commission on Immigration, 1953
Want to Win? Build the most powerful teams on the planet (just like NBA)
* 72% are open to allowing intl students educated in U.S. to enter workforce after graduation * 64% open to streamlining process for employers to hire unfilled seasonal and permanent jobs * 71% open to increasing opportunities for foreign entrepreneurs move to U.S. to start a new business
Frank Luntz
pollster & author What Americans Really Want
We all agree that current immigration system is broken Tall Fences, Wide Gates
Want
Jobs?
Tap
the
Immigrant
Dividend
Welcome
the
Job-Creators
by
Reforming
Immigration
Law
&
Changing
Perceptions