Here's why the current government won't back PG's startup visa idea: Walmart is hated by too many in the Democratic party. A program to create a bunch of Walmar

Here's why the current government won't back PG's startup visa idea: Walmart is hated by too many in the Democratic party. A program to create a bunch of Walmarts owned by foreigners will be even more hated. A distinguishing characteristic of a start-up is that it has the potential to make big profits for its owners: either by creating an new technology (like Google did), or by drastically reducing the cost of an existing technology (like Microsoft did). Walmart is an example of a company that made its founders rich by reducing costs. Walmart is also hated by many Americans and their elected politicians because it causes many employees of its competitors to lose jobs. I don't think that a government program that encourages foreigners to come to America in order to create businesses that make its owners rich by drastically reducing costs (including labor costs) will be any more loved by the Walmart-hating crowd.