Thursday, July 13, 2017

U.S. Puts the Brakes on Entrepreneurship From Other Countries

©iStock/Richman21
Shameful.  The Trump administration has put the brakes on a program to encourage entrepreneurs from other countries to start and grow businesses here. It's now on hold and the delay could be damaging and possibly permanent.
The discouraging signal  to entrepreneurs may well crush their interest in America and send them to India, Ireland and other countries eager to reach the innovation big leagues.
If we care about creating jobs, we must let foreign-born founders work their magic in America.  Immigrants such as Elon Musk, of Tesla and SpaceX fame; Sergey Brin of Google, Aart De Geus of Synopsys, Jerry Yang of Yahoo, Lyndon Rive of SolarCity, Sehat Sutardja and Weili Dai of Marvell and Patrick Lo of NetGear, all have created great enduring enterprises.

Here's a perfect ending to the article below:
A global economy has built America’s success over the past 50 years. If “America first” translates to isolationism — discouraging even legal immigration of the best and brightest — it will not make us “great” again.
Read more here.

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