A Stimulus from Overseas, by Newt Gingrich

A Stimulus from Overseas
By Newt Gingrich

September 2, 2009, 11:01 am While visiting Asia and witnessing the dynamic entrepreneurial and high-tech business culture in Toyko, Beijing, and Seoul, I was reminded of how critically important it is for America to reform H-1B visas to make our country more accessible to highly skilled immigrants.

Reform in this area would be particularly helpful for America’s high-tech companies. A recent post by Vivek Wadhwa, a visiting scholar at Berkeley and an immigrant himself, shows that one-quarter of all “technology and engineering start-ups” have immigrant founders. In Silicon Valley, over half of these start-up companies were founded by immigrants.

Wadhwa also points to the drive in innovation from immigrants. Of all the patents filed on behalf of companies such as Merck, GE, and Cisco, immigrants make up well over the majority of authors.

H-1B visas would lead to more jobs and more growth. As some policy officials call for another stimulus, they should look to H-1B visa reform as a cheaper and more effective stimulus for economic growth. You can read more of my reflections from our trip to Asia in my newsletter, here.


http://blog.american.com/?p=4488

--------------------------------------------------------------------------------

For those who think I've been too hard on Democrats over H-1b, a reminder on how dark the hearts of republican leadership are on this issue

Bull-fucking-shit.

Kiss my ass Newt.

Sure, for non-Americans scooping up jobs that should be offered to qualified Americans, of which there are plenty despite what Newt and his ilk will say on the subject.

For services that a citizen employee could provide.

partner on old Republicans who want to Dance with the Stars. Why the MSM keeps giving either of them time and coverage is beyond me. Edited to add I actually would watch that.

n/t

For fucking who?

Lying sack of shit.

so dont count this joker out - there may be political 'rehabilitation' in the works

the political environment has some similarities to 1994, when Gingrich was on top

if you see blogs about him, make sure everyone knows how bad he shafts workers with H-1b

tuck this article in your back pocket/bookmark the page

wrong board.