here in manchester getting ready to deliver keynote at new hampshire's first statewide immigration conference. Partnership for a New American Economy will be here (robert feldstein) and groups from all over the Granite State. Will be lots of fun, inspiring and looking forward to meeting everyone.
1. Are We Still Afraid of
Immigrants?
How Immigrants
Create American Jobs
New Hampshire’s First
Richard Herman Immigrant Integration Conference
April 14, 2012
2.
3. Rust Belt (my home) Is Hemorrhaging
Jobs & People
MICHIGAN OHIO
Over last 10 years, lost Over last 10 years, lost
790,000 jobs 525,000 jobs
Detroit: over last 60 Cleveland: over last 60
years, lost 50% of years, lost 60% of
population (1.8 million population (950,000 to
to 900,000) 396,000) (17% in 10 yrs)
Percentage of Percentage of
immigrants dropped immigrants dropped
from 30% to 10% from 30% to 5%
11. 182
Number 146
of Shows
Including
74
Discussion
of Illegal
Immigration
Lou
in 2007 O'Reilly
Dobbs Glenn
Factor
Tonight Beck
12. 52%
45%
Proportions 39%
of Discussions
on Illegal
Immigration
Mentioning
Crime in 2007 Lou
O'Reilly
Dobbs Glenn
Factor
Tonight Beck
13. 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.
14. We don’t talk about
immigrants as the Dream-
Keepers, the Job-
Creators, the Bedrock of
Family-Values, the
ENGINE that makes
America work!
15. A New Local/National Movement:
Welcoming Immigrants to Spur
Economic Growth
Chicago Mayor‟s
Office for New
Americans
Global Philly
18. USA: Immigrants Driving the
New Economy
&
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;
* Immigrants are more likely to earn an
advanced degree, invent something,
and be awarded a U.S. patent;
19. 7 of 10 most valuable brands in the
world were created by U.S. immigrants
or children of U.S. immigrants
Ford Google Intel
GE Budweiser Home Depot
AT&T McDonald’s U.S. Steel
Boeing IBM Dow
Disney Kraft UPS
Apple Procter & Gamble Estee Lauder
Hertz Levi’s DuPont
Pfizer Bank of America Heinz
20. Immigrants Start
Companies & Create Jobs
* 40% of Fortune 500 companies were
founded 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
21. In 2012, with the Rust Belt &
U.S. economy stuck in first
gear, it’s time we
remember……..how to drive
the economy …..FAST
25. 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
26. The venture capitalists know a
deal when they see one
* 25 % O F A L L P U B L I C , V E N T U R E -
BACKED FIRMS IN U.S. FOUNDED BY
IMMIGRANTS
* A D D H I G H T E C H L A B E L , P E R C E N TA G E
INCREASES TO 40%
* MARKET CAP OF $500 BILLION ---
PUBLIC, VENTURE BACKED
I M M I G R A N T C O M PA N I E S
27. “To immigrate is an
entrepreneurial act”
--Ed Roberts, Founder
MIT Entrepreneurship Center
28. Immigrants Are Driving
U.S. Innovation
* Immigrants filing patents at
twice rate of American-
born.
* Immigrant patent filings:
72% Qualcomm, 65% Merck,
64% GE, 60% Cisco
29. 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.
30. 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:
31. Foreign Students in New Hampshire, National Rank and
Economic Impact
Rank in US Total
FOREIGN STUDENTS IN NH #42 2,626
+12.6%
ESTIMATED FOREIGN STUDENTS EXPENDITURE IN $86.8
NH (in millions of dollars)
Percent of Foreign Student’s in STEM Fields of Study: 36.1%
Percent of U.S. Undergraduate Student’s in STEM Fields of Study: 13.7%
NH Institutions with the Highest Number of Foreign Students
Institution City Total
Dartmouth College Hanover 1,106
S. New Hampshire University S. Hooksett 837
University of NH Durham 326
New England College Henniker 142
32. How About Undocumented
Workers & Lower Skilled Jobs?
* Undocumented Workers
Negatively Impact U.S. Worker
Wages by 0.15 % ---less than 2/10 of
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
American Jobs.
Partnership New American Economy
33. Immigrants largely
compliment, not
displace, American-born
workforce.
Immigrant workers usually
work in high-skilled or lower
skilled jobs, where U.S. has a
shortage of workers.
Today, there are about 3
million unfilled jobs in
America
34. 2.8 Million Businesses
Latino-
$400 Billion in Annual
Owned Revenue
Business $65 Billion in Payroll
2.2 Million Employees
in USA
35. $1.5 trillion added to GDP
in next 10 years
….If we legalize the 11 million
undocumented persons in U.S.
Study at UCLA, 2010
36. 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….
38. Immigration Policy Is Not Aligned with
Nation‟s Economic Development Needs
Discriminate Against Highly Skilled. Of
1 Million Green Cards issued per year, only 4-
5% 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 nation’s
population)
39. These quotas are nearly 60
years old ----- they have no
relationship with the needs of
America’s New Economy
40. 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
41. We treat them like DIRT,
instead of the GOLDEN-
JOB-CREATORS!
42. 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
45. 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
46. They see new opportunity in
their home countries, or are
welcomed in other countries
47. This is what NYC Mayor
Bloomberg calls:
“National Suicide.”
48. And not just PhD
immigrants ----- all hard-
working immigrants
with a dream.
It’s all connected.
58. * Immigration Enforcement is
not the top-tier, hot button issue
* 72% are open to allowing intl students
Poll of educated in U.S. to enter workforce
after graduation
Likely Iowa
Republican * 64% open to streamlining process for
employers to hire unfilled seasonal
Caucus and permanent jobs
Members * 71% open to increasing opportunities
for foreign entrepreneurs move to
U.S. to start a new business
59. Frank Luntz
pollster & author
“What Americans Really Want”
“We all agree that current
immigration system is
broken”
“Tall Fences, Wide Gates”
60. “World Is Flat” Guy, Tom Friedman
“Pour into the America the
most diverse, smart and
energetic immigrants
from every corner of the
world and the stir and
repeat, stir and
repeat, stir and repeat.”
61. It’s important that we
understand WHY so many
Americans fear and loathe
the new immigrants
62. America’s Demographics Are
A-Changin’
* Last decade, 85% of population
increase from racial & ethnic
minorities
* 1 out of 7 new marriages are
interracial
63.
64. * 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
65.
66.
67. “Iam concerned by the
majority’s attempt to
manufacture tension
between African-
Americans and
immigrant
communities. It seems
as though they would like
March 1, 2011, Rep. for our communities to
Emanuel Cleaver (D- think about immigration
MO), Congressional in terms of „us versus
Black Caucus them,‟ and I reject that
notion.”
68. The intercultural approach goes beyond
equal opportunities and respect for
existing cultural differences, to the
pluralist transformation of public
space, civic culture and institutions.
So it does not recognize cultural
boundaries as fixed but as in a state of
flux and remaking
69. Putting Out the
Welcome Mat
-Building the “Intercultural City”
-Abandoning practice of segregated diversity
Our Future Is in the “Mix”
75. 7 Steps to
“thinking like an immigrant”
1.) Explore the world. Become a “Marco Polo.” (get out of your
comfort zone)
2.) Education. Take more classes! Regardless of your age or stage in
life, never forget that your “inner immigrant” craves life-long education
and reveres education as an asset than can never be taken away from you.
3.) Honor Parents‟ Sacrifice. “Honor thy father and thy
mother.” Honor their sacrifice with every step you take toward your
dream. Leverage this motivation --- fulfill your moral duty to achieve
success.
76. 7 Steps to
“thinking like an immigrant
4.) Collaborate & Team-Up. Find the best partners. You can’t do it
alone. Find the very best partner (often this will be an immigrant) and
team-up. Look to groups like TiE, HYSTA, Techwadi.
5.) Take Risk. Make some big bets in your business and professional
career. Immigrant business success has a lot to do with high risk
tolerance.
6.) Embrace Desperation. Act like you have nothing to fall back on,
and work like your life depends on it. Convince yourself that your savings
account is empty, and that your daily work offers the only hope of survival.
Eat what you kill!
7.) Dream. And dream big!
And whose talking about immigration? (How many shows does Lou Dobbs do a year? Is he on 7 days a week? If he only does 5 days/week than he covers illegal immigration 4 of those 5 nights).
And when these guys talk about immigration, they talk about crime and welfare and all the problems these immigrants generate. I mean it’s a well-known fact that immigrants generate crime and that our border states are overrun in criminal activity from Mexican drug cartels. Isn’t it?
LOOK AT THE FACTS: According to the Associated Press report in June 2010 “The top four big cities in America with the lowest rates of violent crime are all in border states: San Diego, Phoenix, El Paso and Austin, according to a new FBI report. And an in-house Customs and Border Protection report shows that Border Patrol agents face far less danger than street cops in most U.S. cities.” Immigrant incarceration rates are 20% of non-immigrant rates, a robust statistic that holds up even after naturalization.WELL, LET’S LOOK AT SOME MORE FACTS UNCOVERED IN THE GLOBAL DETROIT REPORT
Here is our mission: Immigrants and economic development
Michigan’s Economic Crisis Metro Detroit regional unemployment hovering at 14-15 percent, near 150 percent of the national average and the second highest of the 49 metro areas with more than one million people Over the last decade, it is anticipated that Michigan will have lost over 1 million jobs, approximately one quarter of all of its jobs In less than one decade, Michigan likely will move from a wealthy and prosperous state to one of the poorest. From 1999 to 2007, Michigan residents moved from the 17th wealthiest per capita personal income in the nation to 39th, an unprecedented drop of 22 spots in eight short years. It is anticipated that by the time 2009 statistics are available, Michigan will be one of the 10 poorest states in the union, less than a decade after being in the top third! Michigan’s crisis is not solely the crisis of economic restructuring, Michigan’s crisis also is a crisis of spirit and culture. The transformation of Detroit from America’s fourth richest to its poorest confounds and disturbs. The conditions within the city’s neighborhoods, its schools, its infrastructure, etc. have deteriorated so significantly that they are virtually unrecognizable a generation after Detroit’s mid-20th Century glory. A Way Forward One of the most consistent similarities between these various catalyst regions of the 20th and 21st Centuries is the large presence of immigrants. Immigrants were at the sources of early 20th Century midwestern industrial cities like Detroit that propelled America’s growth and they are a significant part of the regions that serve as economic catalysts in today’s world. In 1910, 30 percent of the metropolitan Detroit region was foreign born. In 2007, Silicon Valley’s population was about 36 percent foreign born, almost three the national average of 12.6 percent. “History teaches us that from every major economic crisis, America has emerged stronger, smarter and more innovative—it’s in our DNA . . . It’s that time again. We must write a new chapter in the story of American innovation . . . Many people around the country think that our state is broken, done-for, intellectually bankrupt. We all know otherwise. History teaches us that our future will depend on how quickly, and how well, we innovate and adapt.” --Patricia Mooradian, President, The Henry Ford“Advancing a Culture of Innovation”Address before the Detroit Regional Chamber of CommerceMackinac Island Policy Conference, May 28, 2009