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Interesting post, soot. The article seems to agree with what you're saying here.
(I wonder if anyone else actually read the article.)Bloomberg’s speech comes as the Partnership for a New American Economy, of which he is a co-chair, releases a report looking at the role that immigrants play at Fortune 500 companies and the potential. Forty percent of Fortune 500 companies were founded by immigrants or the children of immigrants, the report notes. Together, the companies employ more than 10 million people worldwide and generate annual revenue of $4.2 trillion.



It's very easy to get caught up in partisan rhetoric but where people come from or how they actually immigrate here are far less important than the assets they bring with them.
Illegal immigration has been particularly devastating for the United States because those hopping the US/Mexican border are the poorest and least educated in Central and South America. The operative words aren't immigrant or even illegal but rather poor and uneducated.
My problem with Partnership for a New American Economy is they completely ignore this. They hold up Google founder Sergey Brin as the poster boy for success by an immigrant but ignore that his father is a mathematics professor at a major U.S. university while his mother a rocket scientist for NASA. Odds of success are extremely high for anyone of that pedigree but NAE makes it seem like any child of a couple who hop the border hold the same potential and they really don't.
It's largely for this reason why I support investing in our public school system. We have an inherent interest in ensuring our children have a very good education even if I'm generally against public programs when there are private options available.



Both Mayor Bloomberg and NAE are more focused on the status of immigration than the real conditions of it. There is a huge difference between Sergey Brin, who emigrated with one parent who would become a U.S. college professor and another who would become a NASA rocket scientist, and your average penniless boarder hopper who doesn't have as much as a high school education.
The NAE essentially calls for amnesty for illegal immigrants by using Brin and, as jefe pointed out, the percentage of Fortune 500 companies who were founded by immigrants or children of their immigrants but your average boarder crosser really doesn't possess the pedigree of their examples.
Typically speaking recently established Fortune 500 companies, like Google, were founded by people like Brin while older companies whose founders might bear a little more resemblance to today's penniless and uneducated illegal immigrants were founded in a time where being penniless and uneducated really wasn't the drawback it is today. We're no longer a developing country and taking the world's worst and dimmest isn't a particularly sound economic plan no matter how non-PC it is.





Actually our movement of our production off shore shows the intelligence not the stupidity of the captains of industry. It gives such firms the opportunity to better compete in the world markets using cheaper labor. Unfortunately moves of this nature can melt the glue that binds us together as a nation and lead to the chaos we are now seeing internationally.
IMO Service can not compete with Manufacturing in producing profit and creating jobs
We as the report I submitted indicates ; over the last 10 years have run a deficit of over 5 Trillion in international trade. How many manufacturing jobs would that represent ?
Some report China's real need of outside trade represents only 10%. of their production. Seems incredible but that's what the report said.
we need a better balance.
Read the report !
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ahoy mateys,
all the anger on this thread proves that 'sides Soot, thar be no libertarians here on USPO, as the libertarian's view on immigration essentially dovetails with Mr. Bloomberg's mindset.
Immigration | Libertarian PartyLow-skilled immigrants cross the Mexican border illegally or overstay their visas for a simple reason: There are jobs waiting here for them to fill, especially in Texas and other, faster growing states. Each year our economy creates hundreds of thousands of net new jobs — in such sectors as retail, cleaning, food preparation, construction and tourism — that require only short-term, on-the-job training.
At the same time, the supply of Americans who have traditionally filled many of those jobs — those without a high school diploma — continues to shrink. Their numbers have declined by 4.6 million in the past decade, as the typical American worker becomes older and better educated.
Yet our system offers no legal channel for anywhere near a sufficient number of peaceful, hardworking immigrants to legally enter the United States even temporarily to fill this growing gap. The predictable result is illegal immigration.
In response, we can spend billions more to beef up border patrols. We can erect hundreds of miles of ugly fence slicing through private property along the Rio Grande. We can raid more discount stores and chicken-processing plants from coast to coast. We can require all Americans to carry a national ID card and seek approval from a government computer before starting a new job.
Or we can change our immigration law to more closely conform to how millions of normal people actually live.
whar the heck be Jviehe now that thar be an issue that we finally agree on?
- MeadHallPirate
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If they fit in well they wouldn't be living 10 to a room and standing in Home Depot parking lots hoping to find work digging holes. We have our own "bottom of the barrel" to deal with. I know it's not politically correct to say but the United States doesn't exist to support the world. If you do feel deeply passionate about global poverty, etc. you're free to donate your paycheck every week.
We should be looking to entice business, professionals, and talented individuals from around the world to move here instead of shutting them out and making this country a haven for the dregs of society.


It depends on the implementation. In my opinion, periodic amnesties is not a permanent solution to our problem. A market friendly work visa could generate revenue in the most fiscally responsible of fashions, and subsidize the least efficient of US labor to not provide labor input to the economy while going to school or retraining to become more competitive in our modern and global economy. It would also solve our illegal immigration problem on a permanent basis through Commerce that is well regulated among the several States.





The leading nations should equalize the cost of labor by jointly applying a Tariff to imports based on average wage paid their workers compared to the calculated norm.Low wage countries will face a high (punitive) tariff with those close or or at the norm paying none. Off shoring ones production will not provide any advantage !
[B] Laws are purchased-Justice with blood. [/B]
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