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Greg Siskind on Immigration Law and Policy

WADHWA PRESENTATION: AMERICA'S LOSS IS THE WORLD'S GAIN

Rating: 5 votes, 5.00 average.

May of you may be familiar with Professor Vivek Wadhwa from his columns in BusinessWeek and his major papers published on skilled worker immigration. I got to meet Professor Wadhwa when we both spoke at an ImmigrationWorksUSA conference a few months back. He gave a very informative presentation using the slides I'm attaching. Professor Wadhwa kindly agreed to let me publish them on my blog so readers could benefit. Many thanks Professor Wadhwa. 


 













Wadhwa presentation

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Comments

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  1. Another Voice's Avatar
    WOW what a great presentation the information contained there is eye opening, too bad that the public at large and politician are very dismissive of important information. Specially when making decisions on immigration bills.
  2. George Chell's Avatar
    Totally agree with Wadhawa. But, one issue he does not address is the fact that American educated foreigners go to third countries and take the jobs and tax revenues with them.
  3. USC's Avatar
    It appears that no visas were wasted last year. Good job, DoS!

    http://www.ilw.com/immigrationdaily/news/2010,0922-dos.pdf
  4. Jack's Avatar
    If 96% of company founders have a bachelor's degree, that means that only 4% of companies founded come from the much larger pool who do not have a bachelor's degree. So why do we give so many visas and green cards to those who don't even have a high school diploma? Also, an amnesty would overwhelmingly favor the low-educated vs. the highly educated.

    It's misleading for Wadwha to feature someone like Alicia Morga when the fact is that the vast majority of people with her background do not achieve a college degree of any kind and a disturbing percentage do not even finish high school. Wadha throws her atypical story in at the end but everything prior makes the case for tilting immigration toward "skilled" as opposed to indiscriminate (which results in a heavy tilt toward "unskilled"). Of course there are always some needles in the haystack but from a policy standpoint they are not very relevant.
  5. Jim's Avatar
    A visa recapture bill done in the lameduck session for employment-based immigrant visas should do the trick in the meantime.

    It just recycles wasted visas from past years that is mostly the fault of the inefficiency of USCIS anyway and not the fault of the applicants. It doesn't add visas so it is not controversial at all and everyone benefits.

    People should also understand as well that US employers has petitioned these people based on their advanced degrees and/or shortages such as nurses (EB3). So, US employers suddenly getting the applicants they have petitioned should provide a shot in the arm for the economy.
  6. George Chell's Avatar
    Consequences of TARP restrictions....

    http://www.cnbc.com/id/40079518
  7. My 2 cents's Avatar
    Jim, do you think there is anyone with common sense/solution on the Hill? The backlogs can be cleared by tweaking the existing system a bit. As one of the bloggers commented they want us to get fed up/frustrated & leave before completing 10 yrs. We (legals as well as illegals) are being used as pawns in the filling up the ponzi entitlement funds.
  8. Another Voice's Avatar
    Greg

    MSNBC announced that they are having an Immigration Town Hall summit next Monday @ 10 pm I think.... Does AILA have a way to provide them with good information to educate the public at large in such forum, rather than hearing the same old myths and debate about immigration. Such as the information in this presentation...
  9. Waiting for 7 years's Avatar
    The situation that Wadhwa describes (revers brain-drain) can be stopped or reversed if all employment based immigrants with higher degrees (BS/MS/Phd) that have been waiting patiently in line (having spent thousands of Dolars on Attorney and USCIS fee) for five years or more are granted permanent resident status and offered citizenship immediately.
  10. Waiting for 7 years's Avatar
    The situation that Wadhwa describes (i.e. reverse brain drain) can be reversed in America's favor if all employment based immigrants with higher degree (BS/MS/PhD) that have been patiently waiting in line for 5 years or more are immediately granted permanent resident status and offered citizenship as well. Amnesties have been given to illegal immigrants in the past. How about rewarding legal, productive immigrants that may be on the verge of returning to home countries? Several hundred thousand visa numbers have been wasted in the past. Therefore there is nothing far fetched with this proposal. (I know that this is a waste of time but the audacity of "hope" keeps us all going)

    Key - Higher degree from accredited institutions, documents for permanent resident status filed at least 5 years ago, Case is pending visa number.
  11. Legal and no longer waiting's Avatar
    30% of those returning are LPRs or citizens. This shows that the brain drain is a result of more processes than just immigration. That's my observation.
  12. Another Voice's Avatar
    "30% of those returning are LPRs or citizens. This shows that the brain drain is a result of more processes than just immigration. That's my observation."

    Or just flat out see a better opportunity to make a better life for themselves in the home country without the red tape....
  13. Charles Burnstagger's Avatar
    First of all, Prof. Wadhwa plagierized a line from my book: "Guest Workers Exposed". I have a chapter subtitle called "Outsourcing - Then and Now", which he clearly stole. So much for integrity.

    http://www.scribd.com/doc/20966921/Guest-Workers-Exposed-Chapter-3

    Secondly, why don't any of the professors' studies EVER talk about how many foreign-born startups are *still around and profitable after 5 years*. Don't you think that would be a better gauge of how "entrepreneurial" foreign born founders are doing than merely how many *started* companies? Anyone can *start* a company. Anyone can step off the airplane with a business plan, get some American VC and *start* a company. But how many of those companies last and do they ever become profitable? Can the professor please provide a list of the actual startups created by foreign-born founders that are both profitable, have no American founders, and have been around 5+ years? That would surely prove his case more than a phone survey.

    With the way the Prof. talks, you'd think Silicon Valley would be booming with all these startups going. Instead the place is full of FOR LEASE signs and the CA gov't is going bankrupt due to lack of tax revenue. Tax revenue was a lot higher when Americans were running Silicon Valley. CA's gov't had a surplus in 1998. Not anymore. Now they're issuing IOUs. L-1 visa holders are exempt from all Federal income tax under the Internal Revenue Code (as Diane Feinstein correctly noted years ago).

    As for "Immigration - Then and Now" - immigrants from the past were mostly from Europe, shared a common heritage, language, and culture, and wanted to be American and stay here. Most H-1Bs and L-1s and even Asian students just want to come here to get a good education, work for 5-6 years, and send as much $ home as possible. Not quite like our forefathers who came here and built America.

    Sorry, but this sham of a "study" doesn't stand up under the light of scrutiny.
  14. James's Avatar
    Every immigration wave to the U.S. since 1900 has led to recession or depression. The late 1998-2000 wave was the biggest in U.S. history - bigger than the one from 1906-1920. Historical facts do not lie. Here is the history of immigration and recession to America since 1900:

    1906-1920 - Huge wave from Europe - Great Depression in 1929.

    1965 - Ted Kennedy's Immigration Reform Act - Big recession 1973-1981

    1990 - H-1B started - recession 1991-1993

    Oct. 1998 - H-1B caps raised form 65,000 to 115,000 per year - collapse in 2001.

    Apri 2000 - H-1B caps raised from 115,000 per year to 195,000 per year - collapse in 2008.

    The fake "recovery" in the mid 2000's was no recovery - just cheap Fed credit making up for Americans losing their jobs.

    America was built by Americans. Every buildup leads to immigrant takers who come in when times are good, strip the economy, then leave when times are bad - as they are now. They are leaving because there aren't enough high-paying jobs to support them all now. So much for wanting to "help America". Fair-weather friends at best.

    84% of the current U.S. population was born here. Do you seriously expect us to believe that 84% of the natives live off the work of the other 16% immigrants? Come on, stop being delusional. Immigration is a disaster for America. Biggest immigration wave in 100 years has been followed by the biggest recession in 70 years.

    China and India don't have open borders or mass immigration. Did I mention they are booming?

    Free Trade caused WW2 - America in the 1920s sold its scrap steel to Japan and England's Rolls Royce sold aircraft engines and factories to Hitler. We all know how that turned out.
  15. George Chell's Avatar
    "Every immigration wave to the U.S. since 1900 has led to recession or depression. The late 1998-2000 wave was the biggest in U.S. history - bigger than the one from 1906-1920. Historical facts do not lie. Here is the history of immigration and recession to America since 1900:"

    BS.

    1906-1920: The Great Boom of the 1920s

    1924: Johnson-Reid Immigration Act which cut immigration from 1 million to 100,000..the Great Depression.

    1965 - Ted Kennedy's Immigration Reform Act - the boom of 1965-1973.

    1984 Simpson-Mazzoli legislation...jobs move abroad and US unemployment stuck at 7.8% until Simpson-Mazzoli is killed.

    1992 - H-1B implemented - great boom of the 1990s

    2003 -cutbacks in H1Bs..collapse on 2008

    America was built by immigrants. Every buildup leads to American free loaders who cannot even count or take a proper opinion poll who live off the back of immigrants. Heck, Americans cannot even spell.

    Americans drop out from school in large numbers. Highest dropout rates in the industrial world. People opposed to free trade are incomptents like James who probably cannot say 25 times 25 is 625 without a calculator.

    More Americans Free Trade caused WW2 - America in the 1920s sold its scrap steel to Japan and England's Rolls Royce sold aircraft engines and factories to Hitler. We all know how that turned out.

    China and Singapore have open borders or mass immigration. Did I mention they are booming? China is growing at 10% and Singapore at 15%

    http://www.nytimes.com/2009/08/11/business/economy/11expats.html

    http://www.pressrun.net/weblog/2010/02/singapore-will-continue-to-welcome-foreign-talent.html

    Do some research before putting out rubbish!
  16. George Chell's Avatar
    "CA's gov't had a surplus in 1998."....at the height of the immigration boom!
  17. George Chell's Avatar
    "As for "Immigration - Then and Now" - immigrants from the past were mostly from Europe, shared a common heritage, language, and culture, and wanted to be American and stay here. Most H-1Bs and L-1s and even Asian students just want to come here to get a good education, work for 5-6 years, and send as much $ home as possible. Not quite like our forefathers who came here and built America."

    The same argument can be made about Americans of European origin working in Asia. There are one million US citizens working in Asia...they have nothing in common with the Asians, dont share a common heritage, and just want to come to Asia, get a good job, work for ten years and send money home. Not much different from Asians in America. Let us kick all Americans of European origin out Asia in return for Americans kicking out the Asians. If Mr. Burnstagger agrees with this proposal, we can negotiate...otherwise he is simply like other folks of European origin who want privilege and a one way street..and by the way, while you are at it pay back the trillions of dollars you owe the Asian countries, especially to China..full of crap this Burnstagger!

  18. USC's Avatar
    Charles:

    "L-1 visa holders are exempt from all Federal income tax under the Internal Revenue Code"

    You have to stop lying. US Source income is taxed in the USA. Can you point to the IRC code you are referring to? Or are you confused by the DTAs? If you are unable to substantiate your claim you stand exposed as a liar on this forum and you might as well peddle your lies (which your entire post is full off) elsewhere.
  19. USC's Avatar
    "Free Trade caused WW2 - America in the 1920s sold its scrap steel to Japan and England's Rolls Royce sold aircraft engines and factories to Hitler. We all know how that turned out."

    Your post is disgraceful and the above is an affront to all those who died fighting Nazism and Facism. Join hands with Charles and form a chat room where the two of you can trade lies.

  20. Legal and no longer waiting's Avatar
    "1906-1920 - Huge wave from Europe - Great Depression in 1929."

    Actually, it was 1880 to 1920. And in 1921 there was a law to restrict immigration, and there was another one in 1924. Guess what happened after that? The economy stopped growing at the same rate it did for the last 50 years. Why? Because of a sharp drop in population growth. Then, the companies had to readjust at which rate they were going to grow, and their stock valuations plummeted.

    Your statement needs to be corrected - every anti-immigrant regulation led to a depression.
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