March 21, 2010 · 1:30 PM
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I will be marching this coming Sunday at 1:30pm for Immigration Reform with my friends from LEDC (Latin American Development Corporation), a non-profit organization that supports local Hispanic businesses such as SPANISH BLACK BELT. If you are interested in joining me and a contingency from LEDC, participating in this Sunday’s Immigration Rally on the National Mall, please meet us at 1:30 PM outside the Archives Navy Memorial Metro stop on the Green Line and we’ll march to this historic rally together.
IF PLANNING ON COMING YOU DO NOT NEED TO RSVP. YOU CAN, IF YOU FEEL LIKE IT, BUT THERE IS NO NEED. JUST SHOW UP.
TO FIND US LOOK FOR THE SIGN THAT SAYS: LEDC...IMMIGRANTS MEAN BUSINESS. IF YOU DO NOT SEE ME JUST SAY ANY OF THE LEDC PEOPLE THAT YOU COME ON BEHALF OF GROWING FIELDS LLC DBA SPANISH BLACK BELT, THE LANGUAGE SCHOOL.
TO LEARN MORE ABOUT LEDC, PLEASE VISIT THEIR SITE.
The small business community, the backbone of our economy, has a huge role to play in influencing this debate.
Last week, the Los Angeles Times reported that the Obama administration met in private with Senate leaders to move forward Congressional efforts in support of comprehensive immigration reform before the November mid-term elections. LEDC supports these efforts, touting the economic benefits of legalizing the approximately 12 million undocumented immigrants in the United States.
These economic benefits include:
- The legalization of up to 12 million undocumented immigrants would generate $1.5 trillion for the U.S. economy over a 10-year period.
- The higher earning power of newly legalized workers translates into an increase in net personal income of $30 to $36 billion. An increase in personal income of this scale would generate consumer spending sufficient to support 750,000 to 900,000 jobs.
- The total business income generated by immigrant business owners is $67 billion, representing 11.6 percent of all business income in the United States.
- Many of our favorite small businesses in the DC metro area, whether immigrant or non-immigrant, are sustained by the purchases of immigrants and through the immigrant workforce. Approximately 20 percent of the regional population is foreign-born.
- Legalized immigrants are more likely to start businesses with the help of micro-lending programs, further stimulating the U.S. economy.