… immigrants in the United States are almost twice as likely to start a new business as native born Americans
She was citing a study done by the Kauffman Foundation.
Independent economists say immigration reform will grow our economy and shrink our deficits by almost $1 trillion in the next two decades. And for good reason: when people come here to fulfill their dreams - to study, invent, and contribute to our culture - they make our country a more attractive place for businesses to locate and create jobs for everyone. So let's get immigration reform done this year.
Immigrants have historically been an entrepreneurial bunch.
In the neighborhood where my studio is, in South Central Los Angeles, there are a lot of immigrant-owned businesses. I'm constantly amazed at the level of work they do. It's above anything. For me, I think I pattern myself on that work ethic.
I'm a radical pro-immigration advocate. I'm not saying we just look at the Muslim world or we just look at China, we just look at India as a source of our talent. But, one thing we know... first or second generation or new immigrants or children of immigrants have started about 40% of the Fortune 500 companies. For me it's always been a really very important issue that I want America to be open to the most energetic and talented people from around the world.
America has been very open to immigrants in terms of laws, getting loans - it has been helping immigrants more than it's been helping African Americans in starting a small business. That's key, whether you're starting a restaurant or a laundromat.
If you look at who starts new businesses, people that are innovative and risk takers. When you look at immigrants, you really have to be an innovator and a risk taker to leave everything you know in the old country and go to a new country. People that come here in America come here to work.
I might add, the whites who came here only say 50 years ago as immigrants have come into this country, they have set up businesses. They've developed these businesses into an industry.
In our community, we have those from the Middle East and those from Asia ... setting up shops and providing goods and services we should be providing for ourselves.
When we think about immigration, we have to understand there are folks all around the world who still see America as the land of promise. And they provide us energy, and they provide us innovation. And they start companies like Intel and Google, and we want to encourage that.