Friday, February 28, 2014

News: Detroit’s Plan for Survival


Detroit revealed its historic plan to emerge from under $18 billion in debt. That is the reason Governor Rick Snyder of Michigan announced plans to attract 50,000 highly skilled, legal immigrants with advanced degrees to the city. As many know, an economy’s greatest asset is its very own human capital and the more people who work and have skills, the more economic development is possible. Detroit’s loss of human capital has been deep ever since its residents saw the lack of opportunities in the year of 2013. If Detroit’s current citizens vote in favor, the state will more than likely reap continual benefits.
This plan could fill the thousands of vacant engineering, technology, medical and health care jobs in Detroit with nothing but entrepreneurs. Under the plan, it is assumed to boost Michigan’s economic development in other ways. Taking into consideration that Detroit suffers from double-digit unemployment, I fully support Mr.Snyder’s plan. These remarkable immigrants  will live and work in Detroit, under a program called EB-2. It’s a win-win situation, allowing the highly skilled immigrants to open small businesses and share their ideas for people in need.
Detroit’s residents have fallen to 700,000 from its 1.8 million in the 1950’s. The governor’s plan depends on how quickly President Obama approve of the special visas for five years under current immigration laws. This will enable the tax contribution and it will eventually bring revenue for Detroit. 
By increasing Detroit’s population, unemployment will simultaneously decrease and more job opportunities will arise for current residents. These jobs will create more stable life and everything will slowly go back to the norm. Families will reproduce and so on and so forth. Immigrants are said to create one-fifth of all small businesses nationally. Mr. Snyder said, “Isn’t that how we made our country great, through immigrants?” demonstrating that his plan regarding immigrants will not only succeed but also improve quality of life. 
Being pro-immigration can “benefit long-time residents”, especially those that fall under the category of the 38 percent which live below the poverty level. Immigrant entrepreneurship, an American tradition, will bring innovation to this economy and hopefully minimize this percentage of people.
Michigan is making a name for itself by attracting immigrants. Snyder’s proposal would help Detroit get back up on its feet, as well as all those who call this city their home. However, it is up to federal policymakers to reform our immigration system so that newcomers could contribute to the nation - particularly, Detroit.

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