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Another thing the article doesn't mention at all: if it is true that by not letting these entrepreneurs in we're missing out on half of >$1B companies then we s
by jdoliner 8y ago
Another thing the article doesn't mention at all: if it is true that by not letting these entrepreneurs in we're missing out on half of >$1B companies then we should expect some of the countries these entrepreneurs are leaving to be the sites of these companies instead. I suspect we'll see a mix of both, some companies will be founded by a different founder with a different visa status, some will be founded by the same founder, but in a different place. Neither of these is necessarily a bad thing, granted the US might be missing out on some good founders, and thus some good jobs and some tax revenue. So from a purely "America First" we're missing out... but our government does many ostensibly benevolent things to help other countries, many of them, it's very dubious whether or not they actually help. But not brain draining everyone's entrepreneurs might actually be some effective benevolence. It's ironic that it comes from an administration whose slogan is "America First."
- Bucephalus355 8y agoI’ve thought this as well. Pro-immigration policies are essentially stealing the best and brightest from all corners of the world and moving them here. Why? In many cases they would be dramatically more effective in their country of origin. Take IIT in India, which is India’s version of Harvard. Over 50% of those students go abroad a year after graduating. How can that be good for India?
- credit_guy 8y agoMaybe it’s not good for India, but most likely it’s good for those graduates. I doubt any of them is kidnapped, most certainly they emmigrate on their own volition. Pursuit of happiness is a thing ...