Welcoming Immigrants & Growing the Economy

Richard Herman
Church of the Resurrection Solon, Ohio September 11, 2013

Can Immigrants Help Rebuild the Rust Belt Economy?

Jobs & People

MICHIGAN

OHIO

Over last 10 years, lost 790,000 jobs

Over last 10 years, lost 525,000 jobs

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%

The richest regions are those with the highest proportion of immigrants.
Presidents Commission on Immigration, 1953

A New Urban Movement: Welcoming Immigrants to Spur Economic Growth

Global Philly
Baltimore St. Louis

Mayor Nutter Chicago Mayors Office for New Americans

Mayor Leitzell & Commissioner Joseph

Mayor Rawlings Blake

County Commissioner Charlie Dooley

Millions of Unfilled Jobs in the Great Recession

3.6 million open jobs according to U.S. Dept. of

Labor

Immigrants largely compliment, not displace, Americanborn workforce.

Immigrant workers usually work in highskilled or lower skilled jobs, where U.S. has a shortage of workers.

How About Undocumented Workers & Lower Skilled Jobs?

Undocumented Workers Negatively

Impact U.S. Worker Wages by 0.15 % --less than 2/10 of 1%

U.S. Federal Reserve Bank, Atlanta

E a c h L o we r- S k i l l e d , N o n - A g Wo r k e r i n S h o r t a g e O c c u p a t i o n c re a t e s 4 . 6 A m e r i c a n Jobs.
*
Partnership New American Economy

Where do jobs come from?

STARTUPS: New employment paradigm

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

--- Kauffman Foundation

When it comes to job growth, STARTUP companies arent everything..

theyre the ONLY THING!

So WHO are behind the startups in America?

we welcome the job-creators

USA: Immigrants Driving the New Economy and Urban Revitalization

*

Immigrants twice as likely as native-born to start a business; Immigrants founded more than 50% of the high-tech companies in Silicon Valley; advanced

Immigrants are more likely to earn an degree, invent something, be awarded a U.S. patent;

Immigrants Start Companies & Create Jobs

40% of Fortune 500 companies were funded

by an immigrant or child of an

immigrant

These companies employ 10 million people worldwide, and generate $4,200,000,000,000 in revenue per year

2011 study by Partnership for a New American Economy

Immigrant-Founded Companies

Compiled by Richard Herman, www.ImmigrantInc.com

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 Intel Budweiser Home Depot McDonalds U.S. Steel IBM Dow Kraft UPS Procter & Gamble Estee Lauder Levis DuPont Bank of America Heinz

Ohio Immigrant Entrepreneurs & Consumers: The Facts

13,740 Asian owned businesses had sales of $5.1

billion, and employed 42,955 people 7,109 Latino owned businesses had sales of $1.3 billion and employed 11,348 people 2009 purchasing power of Ohios Latinos totaled $6.6 billion (increasing 334% since 1990) Asian buying power totaled $6.9 billion (increase of 270% since 1990)

Immigrants Are Driving U.S. Innovation

*

Immigrants filing patents at twice rate of Americanborn.

Immigrant patent filings: 72% Qualcomm, 65% Merck, 64% GE, 60% Cisco

To immigrate is an entrepreneurial act

--Ed Roberts, Founder MIT Entrepreneurship Center

Immigrants Can Drive Exports

Research in Sweden demonstrates that a 10

percent increase in immigrant population was linked to a 6 percent increase in bilateral trade with the immigrants home country.

10% of Fortune 100 CEOs Are Immigrants

Despite coming from demographic that comprises 1.5% of U.S. population

Foreign Students in Ohio, National Rank and Economic Impact

Rank in US FOREIGN STUDENTS IN OH #8 Total 24,709 +10.5% ESTIMATED FOREIGN STUDENTS EXPENDITURE IN OH (in millions of dollars) $662

Percent of Foreign Students in STEM Fields of Study: 36.1% Percent of U.S. Undergraduate Students in STEM Fields of Study: 13.7%
OH Institutions with Foreign Students
Institution Ohio State University CWRU CSU Tri-C City Columbus Cleveland Cleveland Cleveland Total 6082 1559 1500 288

Intl Students Who Stay = Jobs for U.S.

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:

$1.5 trillion added to GDP in next 10 years

.If we legalize the 11 million undocumented persons in U.S.

UCLA, 2010

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.

U.S. Immigration & Its Job-Creation Capacity:

BROKEN

Immigration Policy Is Not Aligned with Nations Economic Development Needs

Discriminate Against Highly Skilled. Of 1 Million Green Cards issued per year, only 45% 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

We treat them like DIRT, instead of the GOLDENJOB-CREATORS!

So, they are leaving (or not coming at all)

First time in U.S. history----- reverse brain drain, over 100,000 high skilled immigrants are expected to leave the U.S. in next 10 years

They see new opportunity in their home countries, or are welcomed in other countries

Canada and other countries are coming to U.S. soil to recruit our disgruntled high-skill immigrants, offering them fast-track citizenship, jobs, and business support

What part of
legal immigration is #!@x^#!-ed up dont they understand?

This is what NYC Mayor Bloomberg calls:

National Suicide.

And not just PhD immigrants ----- all hardworking immigrants with a dream. Its all connected.

REFUGEES CAN CHANGE THE WORLD

Want to Win? Build the most powerful teams on the planet (just like NBA)

The Staple Act

The Dream Act

Talent is the New Oil. Drill, Baby, Drill!

H.R. 1417, June 27, 2013 Border Security Act Results Act of 2013
Border Security (over 10 years, doubling border patrol, 35o new fencing, tech, E-verify, exit system) 100% surveillance, 90% catch rate Path to Citizenship: 11 million undocumented eligible for Registered Provisional Immigrant Status 6 months after enactment, if in U.S. since 12/31/2011, $500 fine, work & travel but no for most fed benefits, good for 6 years, renewal for another 6, if deported for noncriminal reasons can apply to re-enter in provisional status if spouse or child citizen or pr, or brought to u.s. as child. After 10 years seek Green Card, current on taxes & pay $1,000 fine, work, english. 3 years later, citizenship. Border triggers must be met. Dreamers wait 5 years for PR then citizenship.

Hi gh Skilled Workers: H1B visas, 65,000 to 11o,000, plus 25,000 advanced degree STEM grads from U.S. colleges. (as high as 180,000) Immigrants with extraordinary abilities such as professors, researchers, multinational executives would be exempted from green card limits, as would STEM grads from u.s. with job.

Startup visa
New merit visa, maximum of 250,000 points. Eliminate Diversity Lottery Low Skilled workers. Create W visa allow up to 200,000 low skilled workers a year for jobs in construction, long term care, hospitality and other . New agricultural visa. Already here illegally, 2 years, could qualify in other 5 for green card. Family Immigration: eliminate siblings. Allow u.s. citizens to sponsor married children under 31. eliminates limit on pr sponosr spouses and children. Within 4 years, all employers on E-Verify.

.Isnt Immigrant a Dirty Word?

Including

Discussion
of Illegal

182 146

Immigratio
n
74

in 2007
Lou Dobbs Tonight O'Reilly Factor

Glenn Beck

Proportions of Discussions on Illegal Immigration Mentioning Crime in 2007

Lou Dobbs Tonight O'Reilly Factor 52% 45% 39%

Glenn Beck

Immigration and Crime FACTS

San Diego, Phoenix, El Paso, and

Austin
Immigrant Incarceration Rates are one-

fifth the incarceration rates of people born in the U.S.

We dont talk about immigrants as the DreamKeepers, the Job-Creators, the Bedrock of FamilyValues, the ENGINE that makes America work!

Its important that we understand WHY so many Americans fear and loathe the new immigrants

Americas Demographics Are AChangin

* Last decade, 85% of population increase from racial & ethnic minorities

1 out of 7 new marriages are interracial

Young whites (under 18) are the minority in 10 states, including Arizona
By 2021, the majority of children 4 and under will be minority By 2042, the majority of all Americans will be minority

March 1, 2011, Rep. Emanuel Cleaver (DMO), Congressional Black Caucus

am concerned by the majoritys attempt to manufacture tension between AfricanAmericans and immigrant communities. It seems as though they would like for our communities to think about immigration in terms of us versus them, and I reject that notion.

its all connected

What Does the New Economy Crave?

HYPERCONNECTIVITY

Cleveland

Silicon Valley

Putting Out the Welcome Mat

-Building the Intercultural City -Abandoning practice of segregated diversity Our Future Is in the Mix

We Are All Immigrants

Nearly 2/3 of America is an immigrant, a child or grandchild of an immigrant, or married to an immigrant

some came to these shores voluntarily..some did not

Its in our DNA

we are strivers and survivors

Key to Success: think like an immigrant

Omid Kordestani

IMMIGRANT, INC ---- A CULTURE

Family Education Entrepreneurship Self-Reliance Thrift Love of Country & the Dream

After decades of out-migration, Philly shows population increase for first time in 60 years -- in large part due to influx of immigrants between 2000 Philly enjoys an ecosystem that welcomes & connects immigrants, and 2010 revitalizing neighborhoods

Good Luck

Want Jobs?
Tap the Immigrant Dividend

Welcome the Job-Creators by Changing Perceptions & Reforming Immigration Law

For More Info: www.ImmigrantInc.com