Economics

Economics

The Economic Advantages of U.S. Citizenship

The Economic Advantages of U.S. Citizenship

Becoming a naturalized U.S. citizen has many benefits – citizens can vote and run for public office, bring family members to the U.S., hold certain jobs reserved for citizens, and they are protected from deportation.  There are also a range of economic benefits to citizenship, highlighted by the Migration Policy Institute (MPI) in their new report, The Economic Value of Citizenship for Immigrants in the United States. Read More

Immigrant Entrepreneurs are Jet Fuel to the U.S. Economy

Immigrant Entrepreneurs are Jet Fuel to the U.S. Economy

The mountain of evidence on the economic importance of immigrant entrepreneurs just keeps growing. Last year, the Partnership for a New American Economy released a report which tallied the number of Fortune 500 companies founded by immigrants (and the children of immigrants). Last month, the Fiscal Policy Institute issued a report which quantified the economic value of immigrant small businesses. And now, the Partnership for a New American Economy has put out another report demonstrating the scale of the economic contributions made by immigrant business owners. As the report points out, “in addition to creating jobs, the businesses that immigrants start also create revenue to boost our GDP, exports to alleviate our trade imbalance, taxes to fund our deficit, and new consumption that fuels our economy.” Read More

ICE Numbers on Prosecutorial Discretion Keep Sliding Downward

ICE Numbers on Prosecutorial Discretion Keep Sliding Downward

Since June 15, the immigration world has largely focused on the impending “deferred action” initiative for individuals who could have qualified for relief under the DREAM Act. Meanwhile, comparatively little attention has been paid to the still ongoing review of more than 300,000 pending removal cases for individuals meriting a favorable exercise of prosecutorial discretion. Although Immigration and Customs Enforcement (ICE) has not released official statistics from the review for nearly two months, figures derived from a recent media account indicate that the agency is now offering to close cases at less than half the rate as when the initiative began. Read More

Another View: Fairness Act a Step Toward a Logical Immigration Policy

Another View: Fairness Act a Step Toward a Logical Immigration Policy

Des Moines Register July 23, 2012 Last November the U.S. House of Representatives came together in a rare bipartisan moment to overwhelmingly pass the Fairness for High-Skilled Immigrants Act. Sen. Chuck Grassley, R-Ia., placed a hold on the bill in the Senate until July 11, which means that the… Read More

Princeton Immigration Conference Focuses on Keeping Skilled Foreign Workers in the Country

Princeton Immigration Conference Focuses on Keeping Skilled Foreign Workers in the Country

NJ.com July 5, 2012 Seifi Ghasemi, CEO of Rockwood Holdings, has often tried to hire highly skilled foreign nationals to work at his West Windsor specialty chemicals and advanced materials company — only to find that they must be sent back to their home countries to wait for their… Read More

Why the Next Einstein Can’t Get a Visa

Why the Next Einstein Can’t Get a Visa

By Shelby Pasell. Though Einstein may be a household name in the United States, he was not born here, and he would have a hard time obtaining a visa if he were alive today. In fact, inventors behind most patents in the U.S. were born outside of the country, according to a new report by the Partnership for a New American Economy, and most face huge difficulty in obtaining visas to stay. Read More

DHS Review of Immigration Cases Expands to Half Dozen New Cities

DHS Review of Immigration Cases Expands to Half Dozen New Cities

The Washington Post and Huffington Post are reporting that ICE’s ongoing review of existing deportation cases will expand to six new cities in the coming months. Initially launched in Baltimore and Denver in 2011, the initiative will soon expand to Seattle, Detroit, New Orleans and Orlando, followed by Los Angeles, San Francisco, and New York City. The idea behind the initiative is to clear historic backlogs in the immigration courts by administratively closing cases that ICE considers to be low priority. Read More

New Legislation to Boost Tourism Would Bring Jobs, Revenue to U.S. Economy

New Legislation to Boost Tourism Would Bring Jobs, Revenue to U.S. Economy

When it comes to the global tourism market, the U.S. is missing out in a big way. So much so, in fact, that the Obama administration has issued two executive orders to address the drop in international tourism revenue. Over the last ten years, America’s share of the travel market fell from 17% in 2000 to 12% in 2010—a drop that translates into 467,000 lost jobs, $606 billion in lost spending by visitors, and $37 billion in lost tax revenue. Experts blame the dip on unnecessary visa processing delays and restrictions. But a new bipartisan tourism bill introduced this week seeks to remedy the U.S. tourism slump by reforming some visa processes, making it easier foreign nationals to visit and spend money in the U.S. Read More

New Legislation to Boost Tourism Would Bring Jobs, Revenue to U.S. Economy

New Legislation to Boost Tourism Would Bring Jobs, Revenue to U.S. Economy

When it comes to the global tourism market, the U.S. is missing out in a big way. So much so, in fact, that the Obama administration has issued two executive orders to address the drop in international tourism revenue. Over the last ten years, America’s share of the travel market fell from 17% in 2000 to 12% in 2010—a drop that translates into 467,000 lost jobs, $606 billion in lost spending by visitors, and $37 billion in lost tax revenue. Experts blame the dip on unnecessary visa processing delays and restrictions. But a new bipartisan tourism bill introduced this week seeks to remedy the U.S. tourism slump by reforming some visa processes, making it easier foreign nationals to visit and spend money in the U.S. Read More

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