America needs help. In the midst of one of the worst recessions this country has faced, job creation is the primary focus of many people. Currently there are more than 13 million Americans without a job, and while the unemployment rate has dropped a few percentage points in the past few months, part of the drop can be attributed to people giving up the search for a job. The government has tried stimulus packages and bailouts, but saving jobs from being cut is not enough. New jobs need to be created, and the best way to create new jobs is to start new businesses. Luckily, there is a group of people up to the task: immigrants. Unluckily, current government policies are making it unnecessarily difficult for entrepreneurial immigrants to relocate to America. It seems nationalism has created the sentiment that Americans are better at business and entrepreneurial activity than the rest of the world. While the United States may have some of the most successful companies on the planet, America is not as entrepreneurial as it once was. Immigrants, on the other hand, are exceedingly opportunistic even in the roughest of economic situations. Although many Americans think immigrants are a problem rather than a solution, the United States government needs to make it easier for entrepreneurial immigrants to become citizens because immigrants create businesses that employ Americans and will help the whole nation increase total employment.
Job creation is a multi-faceted issue but one thing is for certain: new businesses create new jobs. In fact, economist Carl Schramm says, “The data, frequently used in studies by the Kauffman Foundation, show that all net new job creation in America comes from companies less than five years old!” (Forbes). Th...
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... will increase overall gross domestic product, thereby creating economic growth. America needs help, and government can help America by allowing the immigration system to be unhampered by the bureaucracy and politics that currently plague the it.
Works Cited
Fairlie, Robert W. Kauffman Index of entrepreneurial activity 1996-2010. N.p.: The Ewing Marion Kauffman Foundation, 2011. 2. Web. 20 Mar. 2011.
Hinojosa-Ojeda, Dr. Raul. Raising the Floor for American Workers: The Economic Benefits of Comprehensive Immigration Reform. N.p.: The Center for American Progress and the American Immigration Council, 2010. 2. Web. 20 Mar. 2011.
Rayasam, Renuka. "Immigrants: the Unsung Heroes of the U.S. Economy." U.S. News & World Report. N.p., 18 Feb. 2007. Web. 20 Mar. 2011.
Schramm, Carl. "The Messy Path To Creating Jobs." Forbes. N.p., 19 Jan. 2011. Web. 20 Mar. 2011.
Policy makers wield huge influence when it comes to intervention in new firm creation and growth. Policy makers often put into place macro economic policies that seek to overcome attitudinal, resource, operational and strategic barriers to the formation of new firms. (Storey 1994) New firms represent a large portion of the new jobs created each year and therefore politicians are incentivized to make sure new firms are formed. In the past 17 years 63 percent of new jobs have come from small businesses in the United States. (SBA Office of Advocacy 2009) New firms are often closed within 5 years with only a third surviv...
The first increasingly significant benefit that should be noted is the sheer work force that immigration provides. Due to the Baby Boomers, the native work force will not be a...
...e private sector to find new growth opportunities and create new jobs. Furthermore, America always has been, and always will be a country of immigrants. Despite that rich tradition, Congress has not updated the country’s immigration policies in three decades. However, Congress now has an opportunity to fix the immigration system and improve the economic well-being of all Americans. Failure to address the issue will have severe consequences for America’s future and well-being, and that is why how America reforms the immigration system will determine its future. The current immigration system is outdated, broken, and reveals that Comprehensive Immigration Reform is urgently needed, and is good for America’s workers and the economy. Despite the claims, complaints and the resistance of many, Americans should welcome, accept and support Comprehensive Immigration Reform.
“Bring on More Immigrant Entrepreneurs” is an article written by Shayan Zadeh, originally published in the Wall Street Journal on November 6, 2013. Zadeh insists that the American system for dealing with immigrants needs to change. Zadeh makes it known that the process is currently too complicated and long. This process ends up deterring skilled talent because of the difficulty to obtain visas and start businesses, as well as denying the opportunity for enormous economic growth.
vi. Conclusion: Immigrants improve the economy growth of the U.S. by not only paying taxes but also by increasing the annual gross product of the country.
As early as the 19th century, immigrants have been coming to the US for job opportunities, better living conditions, and education. For many immigrants they see the US as a hope to have a new and better life. Although, because of the increase of immigrants coming to the US, many became concerned about the impact that they make in our economy. Many argues that the increase of immigrants coming to the US are harming the economy because of the fiscal drain that they caused. While others believe that immigration helps the economy. This creates a problem when people only see the negative perspective about immigration without knowing the positive impacts. Immigrants improve the economy by increasing the America’s
The United States’ future is at a risk to miss an opportunity to increase the labor force due to political stalemate. Currently in the United States over 11 million undocumented immigrants are living in hiding. Most of them want to legally work. The reality is the current law is inefficient and weak to deter migrants who know the U.S. has a demand for skilled and unskilled labor. Likewise, the lack of U.S.-Mexico border security and relaxed law enforcement for overstayed visa traveler has rewarded bad behavior by luring illegal entry. This memorandum describes motives to adopt a major immigration policy change that promotes security, freedom, prosperity and conduit to citizenship for immigrants already in the U.S., and in the long run provide positive microeconomic impact.
The current effects of immigration throughout the United States has had a negative impact on its economy. Whether foreigners are legal permanent immigrants or illegal occupants, nations must diligently keep track of all individuals. This is a brief analysis on how immigrants impact the U.S and strategies to minimize their effects on this nation. In addition, the U.S must implement and monitor plans of action to lessen unemployment of citizens and reduce the excessive use of benefits and resources by immigrants.
During times of recession in the United States, jobs are on a drastic decline. Although The United States of America as a whole faces a recession every once and awhile, the citizens living in the inner cities seem to be fighting an economic depression at all times. Those living in these communities see the worst of unemployment. Businesses that once thrived in cities like Detroit have outsourced overseas because of taxes. Even big businesses and Fortune 500 companies that are in the larger cities of America tend to hire people from the suburbs rather than those already in the area. A way to uplift the citizens in poverty is for the federal government to either provide grants or tax less on small business in these areas because they promote growth and provide people job opportunities. Studies from The Big Impact Of Small Business on Urban Job Creation: Evidence from Five Cities, show that most residents in the inner cities have to outsource for jobs (Inner). The ones living under such cruel conditions are seeking opportunities closer to home and small businesses bring this opportunity right to their
Many of the most brilliant minds who are immigrants have come to the United States and have begun multibillion dollar companies. A study done by the New American Economy Magazine shows that seven out of the ten most valuable brands in America were started by immigrants, companies such as ATT, McDonalds, Google, and IBM to name a few. As the study shows, immigrants do not take away jobs as many people claim; rather, they create not only hundreds but thousands of jobs. Immigrants are a part of the American culture, offering a contribution to our
Rotman, David. "How Technology Is Destroying Jobs | MIT Technology Review." MIT Technology Review. N.p., 12 June 2013. Web. 24 Apr. 2014.
Business has been a large part of my family, and has started to grow on me. My dad worked in sales for many years, and is now the President of a company in Staples. My mom started her own cleaning business, and now works for herself, as well as my uncle owns a golf course, and a pump and well business. My other uncle has his own handy man business, while one of my aunts operates a redimix and construction company . So I guess it could be said, business is kind of in by blood.
Many people dream of becoming entrepreneurs someday. But it made me realize that there other factors that needs to be taken into consideration. We need to ask ourselves are we ready to take the challenge to the outside world. Not everyone have the vision, innovation and creativity to become an entrepreneur. The individual must have a positive attitude and accept the responsibility, have discipline to meet their goals, and take action when the opportunity presents itself. Many prefer a job security and rely on a weekly paycheck, while entrepreneurs will take risks and doesn 't have that luxury to know the amount of their income.
Entrepreneurs create new businesses, and new businesses in turn create jobs, strengthening competition, and may even increase productivity through technological change. Increases in levels of entrepreneurship will result to an increase in economic growth (Nolan, 2003).Entrepreneurs by starting or setting up their businesses, will help with local development by locating less developed areas. The growth of industries and businesses in these areas leads to infrastructure improvements, such as better roads and stable electricity. Every business that is located in a less developed area will create opportunities that will improve the living conditions of people residing in that particular area (Nolan, 2003).
Being an entrepreneur, is advanced citizenship, you have to want it real bad. Entrepreneur is not entitlement. Being an entrepreneur is a life commitment. Like in the movie Wall Street, a famous line was "You can 't be a little bit pregnant." The fact is you can 't be an on again, off again entrepreneur.