"Last week, I had the honor of being sworn in for a second term as President of the United States. And during my inaugural address, I talked about how making progress on the defining challenges of our time doesn’t require us to settle every debate or ignore every difference that we may have, but it does require us to find common ground and move forward in common purpose. It requires us to act.
I know that some issues will be harder to lift than others. Some debates will be more contentious. That’s to be expected. But the reason I came here today is because of a challenge where the differences are dwindling; where a broad consensus is emerging; and where a call for action can now be heard coming from all across America. I’m here today because the time has come for common-sense, comprehensive immigration reform. The time is now. Now is the time. Now is the time. Now is the time.
I’m here because most Americans agree that it’s time to fix a system that’s been broken for way too long. I’m here because business leaders, faith leaders, labor leaders, law enforcement, and leaders from both parties are coming together to say now is the time to find a better way to welcome the striving, hopeful immigrants who still see America as the land of opportunity. Now is the time to do this so we can strengthen our economy and strengthen our country’s future.
Think about it -- we define ourselves as a nation of immigrants. That’s who we are -- in our bones. The promise we see in those who come here from every corner of the globe, that’s always been one of our greatest strengths. It keeps our workforce young. It keeps our country on the cutting edge. And it’s helped build the greatest economic engine the world has ever known.
After all, immigrants helped start businesses like Google and Yahoo!. They created entire new industries that, in turn, created new jobs and new prosperity for our citizens. In recent years, one in four high-tech startups in America were founded by immigrants. One in four new small business owners were immigrants, including right here in Nevada -- folks who came here seeking opportunity and now want to share that opportunity with other Americans.
But we all know that today, we have an immigration system that’s out of date and badly broken; a system that’s holding us back instead of helping us grow our economy and strengthen our middle class.
Right now, we have 11 million undocumented immigrants in America; 11 million men and women from all over the world who live their lives in the shadows. Yes, they broke the rules. They crossed the border illegally. Maybe they overstayed their visas. Those are facts. Nobody disputes them. But these 11 million men and women are now here. Many of them have been here for years. And the overwhelming majority of these individuals aren’t looking for any trouble. They’re contributing members of the community. They're looking out for their families. They're looking out for their neighbors. They're woven into the fabric of our lives.
Every day, like the rest of us, they go out and try to earn a living. Often they do that in a shadow economy -- a place where employers may offer them less than the minimum wage or make them work overtime without extra pay. And when that happens, it’s not just bad for them, it’s bad for the entire economy. Because all the businesses that are trying to do the right thing -- that are hiring people legally, paying a decent wage, following the rules -- they’re the ones who suffer. They've got to compete against companies that are breaking the rules. And the wages and working conditions of American workers are threatened, too.
So if we're truly committed to strengthening our middle class and providing more ladders of opportunity to those who are willing to work hard to make it into the middle class, we've got to fix the system.
We have to make sure that every business and every worker in America is playing by the same set of rules. We have to bring this shadow economy into the light so that everybody is held accountable -- businesses for who they hire, and immigrants for getting on the right side of the law. That’s common sense. And that’s why we need comprehensive immigration reform.
There’s another economic reason why we need reform. It’s not just about the folks who come here illegally and have the effect they have on our economy. It’s also about the folks who try to come here legally but have a hard time doing so, and the effect that has on our economy.
Right now, there are brilliant students from all over the world sitting in classrooms at our top universities. They’re earning degrees in the fields of the future, like engineering and computer science. But once they finish school, once they earn that diploma, there’s a good chance they’ll have to leave our country. Think about that.
Intel was started with the help of an immigrant who studied here and then stayed here. Instagram was started with the help of an immigrant who studied here and then stayed here. Right now in one of those classrooms, there’s a student wrestling with how to turn their big idea -- their Intel or Instagram -- into a big business. We’re giving them all the skills they need to figure that out, but then we’re going to turn around and tell them to start that business and create those jobs in China or India or Mexico or someplace else? That’s not how you grow new industries in America. That’s how you give new industries to our competitors. That’s why we need comprehensive immigration reform.
Now, during my first term, we took steps to try and patch up some of the worst cracks in the system.
First, we strengthened security at the borders so that we could finally stem the tide of illegal immigrants. We put more boots on the ground on the southern border than at any time in our history. And today, illegal crossings are down nearly 80 percent from their peak in 2000.
Second, we focused our enforcement efforts on criminals who are here illegally and who endanger our communities. And today, deportations of criminals is at its highest level ever.
And third, we took up the cause of the DREAMers -- the young people who were brought to this country as children, young people who have grown up here, built their lives here, have futures here. We said that if you’re able to meet some basic criteria like pursuing an education, then we’ll consider offering you the chance to come out of the shadows so that you can live here and work here legally, so that you can finally have the dignity of knowing you belong.
But because this change isn’t permanent, we need Congress to act -- and not just on the DREAM Act. We need Congress to act on a comprehensive approach that finally deals with the 11 million undocumented immigrants who are in the country right now. That's what we need.
Now, the good news is that for the first time in many years, Republicans and Democrats seem ready to tackle this problem together. Members of both parties, in both chambers, are actively working on a solution. Yesterday, a bipartisan group of senators announced their principles for comprehensive immigration reform, which are very much in line with the principles I’ve proposed and campaigned on for the last few years. So at this moment, it looks like there’s a genuine desire to get this done soon, and that’s very encouraging.