Thursday, July 31, 2014

US Immigration Reform

Immigration reform should have positive impact on the American Economy.


More tax from legalized immigrants (currently undocumented).

More “Brains”: bright foreign born students with American Education and Smart Entrepreneurs joining the American economy (rather than leaving for his / her emerging country). 
We surely don't want foreign born students to leave our country once they are done with their Engineering or PhD degrees.

As is evident from FWD.US, high tech companies enthusiastically support the immigration reform. They want to turn more of smart foreign Engineers into American Engineers.

Statistics reflect the motivation that is driving the high tech companies.
In 2010, Asian Americans became the majority of tech workforce in the valley for the first time, making up 50.1 percent [1].
One third of the startups in Silicon Valley are founded by Indian Americans [1].

America is a land of immigrants. 
After Christopher Columbus discovered America in the late 15th Century, the Spanish, the English, the Irish, the Germans and others crossed the Atlantic and settled in this vast land endowed with natural resources.

Our immigrants have added to the diversity and to the economy, won awards and prizes for us, brought about changes for good and made us proud.

Moreover, immigrants bring new views, new perspectives from which to look at things we got used to.

But we gotta be careful about Border security.




References
  1. Bloomberg BusinessWeek, Print Edition, June 9 - June 22, 2014
  2. Tech Immigrants: A Map of Silicon Valley's Imported Talent (BusinessWeek) 
  3. FWD.US 

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