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No Debate About the Role of Immigrants

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.