FRED HIATT @ WASHPOST: NOTE TO GOP RESTRICTIONISTS: ANTI-IMMIGRATION = ANTI GROWTH! — “A vote to choke off immigration is a vote for stagnation and decline!” – EXACTLY!

https://www.washingtonpost.com/opinions/without-immigration-america-will-stagnate/2018/01/28/e659aa94-02d5-11e8-8acf-ad2991367d9d_story.html

Post Editorial Page Editor Fred Hiatt writes:

“Message to Republicans: You can be pro-growth. You can be anti-immigration. But, honestly, you can’t be both.

Now, within the immigration debate, there are a lot of questions with no obvious right answers.

What’s the right balance of immigrants admitted for their skills and those allowed in because they have relatives here?

How much effort should be devoted to tracking down the undocumented, and how much to punishing companies that hire them?

What should we do about the millions of immigrants who came here illegally a decade or more ago and have become established members of their communities?

And — what is the right number of legal immigrants every year from now on?

Big, complicated questions — which is why Congress shouldn’t try to solve them all between now and Feb. 8, its self-imposed deadline for resolving the issue of the “dreamers.” In the few days that remain, the best it could do would be to, well, resolve the issue of the dreamers — the undocumented immigrants who were brought here as young children through no fault of their own, who obey the law and who go to school or work or serve in the military.

They are American in all but legal status. Give them a path to citizenship, as President Trump has proposed. Give Trump the money for his wall (until he gets that check from Mexico). Punt on the big, complicated questions, something Congress certainly knows how to do. Everyone declares victory, and the government doesn’t shut down.

Of course, that would leave us still facing the big questions. Ideally, Congress would schedule a serious debate on them for the spring. Ideally, it would be conducted in a constructive spirit — acknowledging, for example, that reasonable people can disagree on skills vs. family.

But ideally, also, it would also be conducted with an understanding that those who favor a drastic, absolute drop in the level of immigration, as many Republicans do, would be making a choice about America’s future.

They would be turning us into Japan.

Now, to be clear, Japan is a wondrous nation, with an ancient, complex culture, welcoming people, innovative industry — a great deal to teach the world.

But Japan also is a country that admits few immigrants — and, as a result, it is an aging, shrinking nation. By 2030, more than half the country will be over age 50. By 2050 there will be more than three times as many old people (65 and over) as children (14 and under). Already, deaths substantially outnumber births. Its population of 127 million is forecast to shrink by a third over the next half-century.

Japan is a pioneer and an extreme version of where much of the First World is headed as longevity increases and fertility declines. The likely consequences are slower economic growth, reduced innovation, labor shortages and huge pressure on pensions. If you think our entitlement politics are fraught, think about this: In Japan in 2050, the old-age dependency ratio — the number of people 65 and over as a percentage of the number who are 15 to 64 — is projected to be 71.2 percent.

The comparable figure for the United States is 36.4 percent, up from 25.7 percent in 2020. Still high, but if it proves manageable, we will have immigration to thank. America still attracts dynamic, hard-working people from around the world, and they and their offspring help keep our population and our economy growing, as recent Pew Research Center and International Monetary Fund papers explain.

The wave of immigration over the past half-century also has changed the face of the nation, reducing the share of the white population from what it would have been and increasing the share of Asians and Hispanics. It’s not surprising that some people find this disorienting.

But as so often with such debates, perceptions lag reality. Nearly half (48 percent) of immigrants these days have college degrees, as a fact sheet from the Migration Policy Institute last year showed. A quarter of technology company start-ups between 2008 and 2012 included at least one foreign-born founder. As incomes and education levels rise around the world, in other words, the skills mix of U.S. immigration is already changing, without any changes in our laws.

Here’s the bottom line: I think we should remain open to immigrants because it’s part of who we are as a nation, because every generation of newcomers — even, or maybe especially, the ones who come with nothing but moxie and a tolerance for risk — has enriched and improved us.

But you don’t have to buy into any of that Statue of Liberty stuff to favor immigration, because naked self-interest leads to the very same conclusion. A vote to choke off immigration is a vote for stagnation and decline.”

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Hiatt clearly “gets it!”

But, maybe the GOP restrictionists do too. Their opposition to legal immigration is grounded in racism, White Nationalism, and xenophobia — none of which have anything to do with rationality, facts, the common good, or even “enlightened self-interest.”

Therefore, neither an appeal to “who we are as a nation” nor “naked self-interest” is likely to change their highly emotional, but essentially irrational anti-immigrant views.

PWS

01-29-18

MORE THAN 40% OF FORTUNE 500 COMPANIES HAVE RECENT IMMIGRANT ROOTS! — Also 9 Of 13 Most Valuable Brands In The World!

http://startupsusa.org/fortune500/?stream=top-stories

Startupusa.org reports:

“Each year since 1955, Fortune Magazine has published a list of the 500 largest American companies by revenue, among U.S. publicly listed companies and private companies with publicly available financial data.

In 2011, New American Economy (NAE) – a non-partisan policy organization of 500 Republican, Democratic, and Independent mayors and business leaders – analyzed the national origin of the 2010 Fortune 500 company founders, finding that more than 40 percent had at least one founder who was an immigrant or the child an immigrant.

Given the on-going national debate regarding immigration policy – and the well-established importance of immigrants to entrepreneurship in the United States – the Center for American Entrepreneurship (CAE) has analyzed the Fortune 500 data for 2017. We found that 43 percent of these companies were founded or co-founded by an immigrant or the child of an immigrant. We also found that the occurrence of first- or second-generation immigrant founders is significantly higher among the largest Fortune 500 companies – accounting for 52 percent of the top 25 firms and 57 percent of the top 35 firms.

Immigrant-founded Fortune 500 firms are headquartered in 33 of the 50 states, employ 12.8 million people worldwide, and accounted for $5.3 trillion in global revenue in 2016.

The results are striking and should be carefully considered by policymakers as they continue to deliberate the fate of 800,000 so-called DREAMers – undocumented immigrants brought to the United States illegally as children – and U.S. immigration policy more generally. In particular, the analysis provides compelling support for the creation of an entrepreneur visa, an important aspect of the Startup Act, bipartisan legislation reintroduced by Senators Jerry Moran (R-KS) and Mark Warner (D-VA) on September 28th.

The findings of CAE’s analysis – along with a vast research literature – demonstrate the remarkable and persistent importance of immigrants to the creation and growth of America’s largest, most successful, and most valuable companies.”

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Read the complete report, with lots of neat charts, stats, and graphics, at the link. Unfortunately, we have  an Administration that refuses to acknowledge the essential role of immigration in American history and building American success.

PWS

12-05-17