Trump to impose $100k fee for H-1B worker visas, White House says

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain.

A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.

This is so absolutely fundamental to US strategic advantage.

A huge reason we have so many unicorns is because doing business and scaling in the US is easier than EU or other places.

A huge part of why the Manhattan Project was successful was also because of substantial brain drain from Europe. I think Scott Galloway wrote about this or may have popularized it.