Obama Should Not Ignore Immigration Policy While Focusing on the Economy
November 25, 2008Immigration
Despite the strong and decisive support from the immigrant electorate, many say immigration reform won't be in the agenda during the first year of the Obama administration. The economy is everyone's priority.
But some recent entrepreneurship reports indicate that the new administration should not ignore immigration policy when trying to help the economy.
A new study for the Small Business Administration by Rob Fairlie of UC Santa Cruz found that immigrants are nearly 30 percent more likely to start a business than non-immigrants, and they represent 16.7 percent of all new business owners in the United States. Nearly 30 percent of all new business owners per month in New York, Florida, and Texas, are immigrants.