The Startup Visa And Why The Xenophobes Need To Go Back Into Their Caves
In the meantime, the unemployment rate in California is now over 12%, a near record high. The national rate is at 10%. Credit markets are totally frozen and small businesses—the most dynamic part of the U.S. economy are suffocating for lack of operating capital. So slightly tweaking a law to allow smart foreigners to jumpstart our economy would seem to be a really easy decision politically and economically. Rather than listening to the emotion of misguided anti-immigrants, we need to listen to reason. After all, it is immigrants like Alex who have started 52% of Silicon Valley’s tech companies in recent times.
via techcrunch.com
With all the talk on creating jobs and boosting economic growth, this really is a no-brainer.