Dalam debat semalam Andrew Yang hanya dapat kesempatan berbicara paling sedikit 
dibanding yang lain, tetapi Yang fokus pada solusi, to the point, dan membahas 
masalah yang seharusnya dibicarakan bukan hanya sekedar retorika. --- 

Andrew Yang says ‘immigrants are being scapegoated’ — and a new study backs 
that up


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Andrew Yang says ‘immigrants are being scapegoated’ — and a new study ba...

Presidential candidate Andrew Yang said that “immigrants are being scapegoated” 
for reasons that have “nothing t...
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Aarthi Swaminathan,Yahoo Finance 2 hours 30 minutes ago 


Presidential candidate Andrew Yang said that “immigrants are being scapegoated” 
for reasons that have “nothing to do with our economy” during the second night 
of the Democratic debates on Wednesday night.

“I'm the son of immigrants myself,” said the 44-year-old entrepreneur. “My 
father immigrated here as a graduate student and generated over 65 U.S. patents 
for G.E. and IBM. I think that's a pretty good deal for the United States. 
That's the immigration story we need to be telling. We can’t always be focusing 
on some of the distressed stories..”
Democratic presidential hopeful US entrepreneur Andrew Yang delivers his 
closing statement during the second round of the second Democratic primary 
debate of the 2020 presidential campaign season hosted by CNN at the Fox 
Theatre in Detroit, Michigan on July 31, 2019. (Photo: Jim WATSON / AFP)

He added: “If you go to a factory here in Michigan, you will not find 
wall-to-wall immigrants; you will find wall-to-wall robots and machines. 
Immigrants are being scapegoated for issues they have nothing to do with in our 
economy.”

Yang has a point: According to a new analysis, immigrants and their children 
actually founded 223 of the Fortune 500 companies

Immigrants responsible for 233 of Fortune 500 companies

Various studies have been done to quantify the benefits of immigration on the 
U.S. economy.

A recent analysis by the New American Economy, a research and advocacy group 
that is pro-immigration, found that nearly 45% of this year’s Fortune 500 
companies were founded by immigrants or their children.

That’s 223 out of 500 companies in the U.S. 101 were directly founded by 
foreign-born individuals, and 122 founded by children of immigrants.

Those companies collectively generated $6.1 trillion in revenue in 2019 — which 
is bigger than the GDP of countries like Japan, Germany, and the UK — and 
employed 13.5 million people.
Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers 
conference in Mountain View, California in May 2018. (Photo: REUTERS/Stephen 
Lam)
While New York, California, and Illinois have the largest number of Fortune 500 
companies — with 10 or more — small and medium businesses are also important, 
the report stressed, and “immigrants have a significant role to play here, with 
nearly 3.2 million immigrants running their own businesses.”

A separate study by the National Bureau of Economic Research found that 
immigrant-owned technology firms in the U.S. were found to be more innovative 
than U.S.-born firms.

The report, which looked at 11,000 owners of 7,400 high-tech employer 
businesses, found that “uniformly higher rates of innovation in immigrant-owned 
firms for 15 of 16 different innovation measures; the only exception is for 
copyright/trademark.”

‘This should be a country that honors everyone’

Former Vice President Joe Biden also supported this notion — that anybody “with 
a PhD, you should get a green card for seven years. We should keep them here,” 
he said.

But not all the candidates supported this assertion. New Jersey Senator Cory 
Booker (D) said that differentiating types of immigration was counterproductive 
to the overall conversation.
U.S. Senator Cory Booker points to former Vice President Joe Biden on the 
second night of the second 2020 Democratic U.S. presidential debate in Detroit, 
Michigan, July 31, 2019. (Photo: REUTERS/Lucas Jackson)
“This really irks me because I heard the vice president say that if you got a 
PhD, you can come right into this country. Well that’s playing into what the 
Republicans want to pit some immigrants against other immigrants… [as some are] 
from are from ‘shithole’ countries and some are from worthy countries,” 
responded Booker.

“We need to reform this whole immigration system and begin to be the country 
that says everyone has worth and dignity and this should be a country that 
honors everyone.”

—
Aarthi is a writer for Yahoo Finance. Follow her on Twitter @aarthiswami.

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Aarthi Swaminathan (@aarthiswami) | Twitter

The latest Tweets from Aarthi Swaminathan (@aarthiswami). Writer @YahooFinance 
[email protected]. New York...
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