Global Competitiveness
The United States has long been the destination for the world’s most talented immigrants. Despite the last 50 years of technological advancement, American immigration policy has remained virtually unchanged, putting in danger America's global competitiveness. Yesterday's immigration policy no longer meets today’s economic needs. Only about 14 percent of all U.S. green cards are given for economic reasons, compared to more than 60 percent in Canada and Australia. With no dedicated visa for entrepreneurs and numerous barriers to residency in place for international students to stay after graduation, America's outdated immigration policy could allow other countries to out-compete us by attracting and keeping the best and brightest there and not here.
NAE Launches Ad Campaign for Immigration Reform in DC Taxis, TV and Online
First Ad Showcasing Immigrant Inventions Released Today at Event Featuring Rep. Mario Diaz-Balart (R-FL-25) and Rep. Mick Mulvaney (R-SC-5). Watch the new ad: www.immigrantmade.org New York, NY — New American Economy today launched a new… Read More
FWD.us and New American Economy Host #iCodeImmigration in Washington, D.C.
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Washington, D.C. and Across the Country Washington, D.C. – FWD.us will join with New American Economy (NAE) to host an #iCodeImmigration event in Washington, D.C. on Wednesday, April 30, 2014 at… Read More
Austin Entrepreneurs Advocate for Immigration Reform
Immigration laws haven’t kept pace with the digital economy, said Burnie Burns, founder of Austin-based Rooster Teeth. Burns spoke on a panel of entrepreneurs promoting immigration reform Tuesday night at Techstars’ offices in downtown Austin. Erika Sumner, co-founder of Social Good TV, moderated the… Read More
FWD.us and New American Economy Host #iCodeImmigration in Chicago
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Chicago and Across the Country Chicago, IL – FWD.us will join with New American Economy (NAE) to host an #iCodeImmigration event in Chicago, IL on Tuesday, April 29, 2014… Read More
FWD.us and New American Economy Host #iCodeImmigration in Austin
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Austin and Across the Country (Austin, TX) – FWD.us will join with New American Economy (NAE) to host an #iCodeImmigration event in Austin, TX on Monday, April 28, 2014 at 6:00… Read More
Entrepreneurs and Investors Urge Congress to Support Reform
Entrepreneurs and investors across the country are adding their name to a letter to House leadership in support of immigration reform. Take a look at the letters and add your names before we deliver them to Congress. Read and sign the entrepreneurs letter. Read More
FWD.us and New American Economy Host #iCodeImmigration in Salt Lake City
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Salt Lake City and Across the Country Salt Lake City, UT – FWD.us will join with New Economy (NAE) to host an #iCodeImmigration event in Salt Lake City on Friday, April… Read More
FWD.us and New American Economy Host #iCodeImmigration in Boulder
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Boulder and Across the Country Boulder, CO – FWD.us will join with New American Economy (NAE) to host #iCodeImmigration event in Boulder, CO on Thursday, April 24, 2014 at 6:00 PM… Read More
FWD.us and New American Economy Host #iCodeImmigration in San Francisco
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in San Francisco and Across the Country San Francisco, CA – FWD.us will join with New American Economy (NAE) to host an #iCodeImmigration event in San Francisco on Wednesday, April 23, 2014 at 7:00 PM… Read More
FWD.us and New American Economy Host #iCodeImmigration in Seattle
Leading Entrepreneurs, Investors, Technologists, and Policy Experts Will Discuss the Critical Need for Immigration Reform in Seattle and Across the Country Seattle, WA – FWD.us will join with New American Economy (NAE) to host #iCodeImmigration event in Seattle on Tuesday, April 22, 2014 at 6:00 PM PT. Read More
Impending Labor Challenges
The United States is facing demographic challenges that endanger its preeminent economic position in the world. An aging workforce threatens the vitality of the labor force. At the same time, the supply of U.S.-trained engineers is lagging behind nearly all other industrialized economies. At a time when tech-heavy and innovation driven industries are driving economic growth, the United States faces the prospect of being left behind.
Table 1: Share of Population Age 65+, 1996, 2006, 2016 and projected 2030
Table 2: Share of Undergrads Studying Engineering
Prioritizing Economic Needs
Many countries have identified the link between immigration and economic growth. For many, such moves are a matter of necessity–the domestic labor force is not sufficient for an expanding economy, and aging populations and declining fertility rates are creating labor shortages. Despite facing some of the same challenges, U.S. immigration policy has not changed to reflect our economy’s evolving needs.
Table 3: Percentage of All Permanent Residency Visas Given for Economic Reasons*
Need for a Start-Up Visa
Countries around the world, from France, to Chile, to Singapore have created visas aimed at attracting promising entrepreneurs and job creators. Despite concerns about meager job creation and business growth, however, the United States has not taken a similar step, endangering our position in the global race for talent. This situation was made worse in 2017 when the administration took the first steps to kill the International Entrepreneur Rule, a measure that would have allowed entrepreneurs with outside funding to remain in the country for 2.5 years to establish their businesses.
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