Perhaps one of the most outstanding characteristics of our economy is that it is ever changing. We are constantly developing new technologies, especially in the information technology sphere. Spending on information technologies has risen steadily since 1992 and now totals more than half of business spending on producer-durable equipment. This intense demand for new skills and talent cannot be met by importing technically skilled temporary workers. Finally, and perhaps most importantly, the benefits of a permanent resident community, as opposed to an influx of temporary workers, are great.
Immigrants have a positive impact on the U.S. economy.
Research by Annalee Saxenian in Silicon Valley has shown that new immigrants are a major source of jobs and wealth creation. According to Dun and Bradstreet, about 24 percent of high tech companies in Silicon Valley have Chinese or Indian executives. Many of these immigrants have founded their own companies. Solving the immigration quota problem is complex. Some American workers and unions fear that immigrant workers will take jobs from U.S.-based workers.