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One thing both President Obama and Governor Romney agree about is that the United States is a “nation of immigrants.” They both also agree that immigrants are good for our economy. As President Obama stated, immigrants “create new companies.” The data strongly support this. In fact, a 2010 study by the Partnership for a New American Economy found that immigrants had founded many of America’s most successful companies. That study found that a full 40% of Fortune 500 companies were started by an immigrant or the child of an immigrant. There is a wealth of other evidence that suggests immigrants are a solution to help our country reach 4% growth. We will be exploring this topic more in coming months and will convene a conference on immigration and economic growth this December in Dallas, Texas.
Author
Matthew Denhart is an expert on immigration policy and is the author of the Bush Institute’s America's Advantage: A Handbook of Vital Immigration and Economic Growth Statistics, now in its third edition. He currently serves as executive director of the Calvin Coolidge Presidential Foundation and is a founder of the Coolidge Scholars Program which provides full-ride merit scholarships to America's most promising college students. A summa cum laude graduate of Ohio University, Denhart has written and spoken widely on a variety of policy topics including the economics of higher education, labor, and taxes. He has contributed articles to numerous national publications including The Wall Street Journal, Forbes.com, CNN Opinion, and Bloomberg View.
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