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America Online co-founder Steve Case and Sen. Jerry Moran, (R-Kan.), on how the jobs bill for skilled immigrants can boost job growth for Americans.
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Why can't -- Steve case appearing before congress today with a message you want to attract investors here how about attract that talent investors.
Wanna see more -- here to -- -- founder Republican senators.
Jerry Moran -- -- -- jobs bill that they say would do just that.
-- giving visas to technology skilled foreign workers.
Both gentlemen join me now good to have both the view -- Steve you first.
You are -- member of this now all but defunct against president's jobs council would this be.
Any more effective at generating job.
I think it would be effective upon recommendation jobs council made some correlated access to capital front -- -- left.
Jump starting our business startups that passed last spring -- overwhelming bipartisan support.
Legalizing crowd funding make it easier for companies ago.
Public but now we need to focus on other issues around entrepreneurship.
And the most important one is talent when in the global balance -- that ultimately what's.
The key to drive our -- real economy forward and -- high skill immigration has to be a key part of any.
Immigration reform and legislation that senator -- introduced along with.
Mark Warner of Virginia -- -- -- Delaware and others.
Really -- deal with that issue because artifact three point -- front and center -- issues around reforming our current immigration policies for high skilled workers.
But before I get to the -- receive one more question on that front and do you think get something like this with the approach from the get go.
There -- have even have been the need for a job council.
By the filed -- jobs -- helpful and then constructive and as the time has not -- was -- -- -- including.
Leading -- things like the jobs act legal -- focused on Washington among policy makers.
It's well around -- yet -- that nothing Jesus.
Now I think things did -- some of it.
-- was only supposed to be for two years and decided not to continue I think that makes cents.
I think there can is a continuing efforts such as the work today -- on immigration to make sure that the recommendations we made.
And output in -- practice in only can happen -- bipartisan support.
You know -- senator at this time where we're we're trying to reform oddly immigration system in our country.
And and to deal with the millions of illegal immigrants that are here it's obvious gonna raise hackles.
From some odd maybe your own party -- will say well wait a minute wait a minute.
Are we putting foreigners to the front of the line.
Then they'll get these great jobs that Americans won't.
I absolutely.
A challenge.
I certainly think that the review of our immigration policy is important.
We have and immigration system that is dysfunctional.
-- people who try to come here legally get trapped in the system that never gives them an answer.
So there is real need.
That that legislation that I and my colleagues have been reduced the start up three point oh deals -- -- segment of that immigration policy.
One the stamp issue that receives has received a lot of attention.
But a second component pieces for launch -- For individuals who come to the United States with money -- an idea have a capitalist dream I wanna put Americans to work.
Are told they can't do that here in the United States because they can't get the status to stay here.
-- and what we're saying sir I understand I guess what this view is that how would you address some of the conserve those in your party you'll argue well.
We certainly don't want these.
These guys from other countries coming here and getting jobs that would otherwise have gone to Americans -- -- Look that -- the pieces that are included in in start up three point oh are pieces that will help meet -- -- demand -- work forum for employees in the United States.
The facts are clearly demonstrated in -- first of all let me say we didn't spend more.
Time effort energy resources on making certain that Americans pursue degrees advanced degrees in mathematics and science and engineering and research careers.
And but -- the facts are that we have hundreds of thousands over the next few years of job openings.
And in the absence of being able to fill those with the American students who have graduated and looking for work.
And if they can't be filled by somebody else who has studied in the United States.
Who has that skill set that elect.
Then those companies are gonna go outside the United States that global demand for talent and here's what I say about the legislation that.
There were talking about as it relates to the entire immigration debate.
In my view.
80% of my colleagues would agree with me Republicans Democrats and this is common sense we need to do it it's about creating jobs and economic opportunity.
In the United States.
And if we don't do it those companies those jobs are going to be created elsewhere.
And that's what we can't wait 8% of my colleagues agree with me.
And but yet there are those who say if we can't do everything we're not going.
Do I think I understand understand you know I'd like to get your very replay of the the business land here are high it's small business guys they're very concerned about.
The president pushing to raise the minimum wage and they said like there's -- two tiered strategy everything for big business nothing for small business.
And and they feel slighted and and more than that.
Pretty angry.
And -- they doubt we'll see much action.
Or or or much improvement.
Until that that's that focus changes.
Is that is their anger justified.
I had that -- -- anger -- -- each case may be different by I think.
There's some focus on large company -- some focus on small business.
Thankfully there's more focus on what is the central driver of our economy with -- young high growth -- business the Kauffman Foundation Davis.
Coming from goes underground -- basically says that all the net jobs -- the last three decades forty million jobs were these young high growth companies.
We can't just focus on small business and big business we have to focus on these high growth aren't real businesses.
That's a source of jobs -- source of innovation that's sort of the economic growth and the only way to solve the fiscal problems the long run is not just focus on cutting spending.
Our figure out ways around revenues but it how do you drive the growth rate -- -- -- to be a bet on entrepreneurs and as a nation.
We have to double down on entrepreneurs and -- startup -- three point oh is is a step in that direction.
Steve senator thank you both very much.
Thank you thank you.
