You're watching...

Former President Bush talks immigration and economic growth

Details

  • Description

    Casey Stegall reports from Dallas

  • Duration 3:03
  • Date

Clips

Also in this playlist...

Latest News

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

President George W.

Bush stepping into the spotlight to talk about two big topics in our pensions today at the economy of course and immigration -- -- to a second hour.

-- happening now glad you're with that's I'm generally.

I'm John Scott the conference underway now -- the bush institute in Dallas on immigration and economic growth.

It's highlighting stories of immigrants making a substantial impact on the US economy.

Former President Bush opening the event advocating for immigration reform to try to get the economy growing at a healthy rate.

Immigrants come -- new skills.

And new ideas.

Today fill a critical gap in our labor market.

They work hard for a chance for a better life.

Our Casey Stegall is keeping a.

-- all of that live from Dallas case.

Yet done hero pilot so I know you remember the jet age we're talking about a point in American history in the fifties and sixties when.

Our economy was growing at roughly 4%.

For the bush institute.

Here in Dallas believes that we can experience that once again.

And experts say immigrants play a big role in getting us there now we're gonna take you inside the Federal Reserve Bank.

Back here behind me where these.

Panels are under way now all live look and that's what this conference.

Is all about.

Economist in their say the reason immigrants are so important is because they now make up 16%.

Of the nation's total workforce.

They own them more small businesses then US natives.

They write more patents and we can learn lessons in history.

America is a nation of immigrants.

Immigrants have helped build -- country that we have become.

And immigrants can help build a dynamic tomorrow.

Not only do immigrants helped build our economy.

They invigorate or soul.

Now analysts point out -- the success of a business obviously has nothing to do with where -- CEO or its owner.

Hails from take the company pinnacle for example it is an IT provider to fortune 500 companies.

Generating some 200 million dollars a year.

In revenue employing 4000.

People.

Pinnacle was founded by a woman named -- -- -- who came to this country from Ecuador.

I grew up with such a fundamental appreciation for this country and every day I think I I I thank.

I'm thankful and grateful that I live in a country that embraces entrepreneurship and allows.

-- people to really achieve the American dream.

Now Nina is just one of the panelists talking here a pretty interesting concept John when of course everyone is looking at ways at strengthening.

The US economy.

Would be get it would be good to get back to 4% wouldn't -- -- -- in down surely now.