Restricting Legal Immigration and Work Visas Will Harm Entrepreneurship and Economic Recovery
Washington, DC – Today, Small Business Majority’s National Latino Entrepreneurship Director, Xiomara Peña, issued the following statement in response to the Trump Administration’s announcement this week that it will suspend certain visas through the end of the year.
“Immigrants are the lifeblood of American entrepreneurship–they work for small businesses, start small businesses and bolster our economic success. Immigrants are twice as likely to start small businesses, and they create 1 in 10 U.S. jobs. As such, they are an essential component of our entrepreneurial, job-creating economy, which makes this week’s announcement all the more concerning.
Our nation is facing an unprecedented economic crisis, and our elected officials must consider policies that will foster, not stifle, our recovery. We oppose this decision and strongly urge the Administration to recognize the important role immigrants will play in our economic recovery.”
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Small Business Majority was founded and is run by small business owners to ensure America’s entrepreneurs are a key part of a thriving and inclusive economy. We actively engage our network of more than 65,000 small business owners in support of public policy solutions and deliver information and resources to entrepreneurs that promote small business growth. Our extensive scientific polling, focus groups and economic research help us educate and inform policymakers, the media and other stakeholders about key issues impacting small businesses and freelancers. Learn more about us on our website and follow us on Twitter, Facebook and Instagram.