Saturday, September 26, 2020

Business Leaders Highlight Economic Contributions of Immigrants

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The U.S. Chamber of Commerce  in conjunction with the Partnership for a New American Economy, Business Roundtable and other leaders from the agricultural and manufacturing industry gathered on Wednesday to launch a ‘National Day of Action’ for immigration reform. During the roundtable discussion, leaders from diverse sectors underscored the fiscal importance of passing immigration reform by highlighting the particularly robust economic contributions of Latino immigrants and entrepreneurs in the United States.

According to a recent study conducted by the Partnership for a New American Economy, “Hispanic Americans, particularly immigrants, founded new businesses at increasingly higher rates that exceeded expectations. Notably, the number of Hispanic owned businesses surged even during the decade that included the recent recession, a period when their country needed them most.” The Partnership for a New American Economy is a bipartisan organization comprised of more than 500 of the nation’s most prominent business and political leaders who are dedicated to making a compelling economic case for comprehensive immigration reform.

Participants of the roundtable discussion, while cognizant of the current stalemate in Congress delaying a vote on immigration reform remained enthusiastic about the possibility of reforming our immigration system. They are certain that reform will ultimately empower immigrants and bolster their overwhelmingly positive economic contributions that have generated over $775 billion in revenue for our economy.

The leaders also asserted that fixing our broken immigration system is one of the most meaningful ways the United States can ensure that it remains competitive and relevant in a global economy. U.S. Chamber of Commerce President and CEO Thomas Donohue said that, “We need to welcome global talent to our shores as we have from the very first day of this country.

Latin Post