AOL's Case: House Passage of Immigration Reform Critical to US Competitiveness

Tuesday, 10 Sep 2013 01:48 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The House, which has put immigration reform on the back burner, must act soon to allow more skilled foreign workers into to the United States to keep the economy competitive, says Steve Case, co-founder of the AOL Internet service provider.

"While immigration is often debated in the U.S. as a humanitarian matter, or a political matter, or a legal matter (and it is all those things), our global competitors see it for what it is: a critical economic matter in a global race for talent, job creation and innovation," Case wrote Tuesday in a Wall Street Journal op-ed piece.

Case, now the CEO of the investment firm Revolution, said it's critical that the House act quickly in passing an immigration reform bill similar to that approved by the Senate in June.

The Senate bill may not be perfect, he said, but it "establishes a startup visa for entrepreneurs, raises the cap on H1-B visas for employees in specialty fields, and makes it easier for advanced science, technology, engineering and math degree holders to stay and become citizens."

"Taken together, these reforms represent a significant step forward," he added.

Case called on the House to produce a bill "that gives us the tools to win this global battle for talent, and addresses the other economic, political and moral shortcomings of the current system."

He noted that "every day that goes by without reform, our economic future is imperiled."

Case also pointed out that while the House has balked at confronting immigration this summer, Germany in the meantime has liberalized its laws for letting in skilled foreign workers, China has increased its efforts at "foreign talent recruitment," and Canada has gotten "its new startup visa program running."

He said any more delay in immigration reform could jeopardize the nation's "leadership in entrepreneurship," which he said is now "under increasing competition."

"Will we win this global battle for talent, successfully recruiting and retaining the men and women who start American companies that create jobs . . . or will we see America's advantage move overseas?" he asked.

Case concluded by observing that 260 jobs for American workers are created for every 100 foreign-born technology and engineering workers allowed into the United States because they end up starting companies or ventures that otherwise would have never seen the light of day. Forty percent of Fortune 500 companies were created, he noted, by immigrants or the children of immigrants.





© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Study: Fist Bumps Could Cut Transmission of Germs

Monday, 28 Jul 2014 14:39 PM

Ditching handshakes in favor of more informal fist bumps could help cut down on the spread of bacteria and illnesses, ac . . .

Samsung Postpones Launch of Tizen Smartphone

Monday, 28 Jul 2014 08:31 AM

Samsung Electronics Co. said Monday it is delaying sales of its first Tizen-powered smartphone in the latest setback to  . . .

Why Is Demand for Tablets Slowing?

Sunday, 27 Jul 2014 13:39 PM

Touted as the next big thing in computing when it was introduced by Apple in 2010, the tablet computer has seen a recent . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved