A quarter of all the billion dollar+ US startups had founders who were on student/work visas at some point. If you include founders who are born of work immigrant parents that number will only go up.

Just imagine all the technology, jobs and wealth created by just SpaceX, Google, Tesla alone.

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chickenzzzzu 8 hours ago | parent [-]

Retail investors can't purchase shares of SpaceX. Nearly anyone on Earth can purchase shares of Google and Tesla, and we all benefit from the knock on effects of their technology.

And yet only Americans have to compete for housing and jobs in this context.

I ask you once again, why would I lose anything if Tesla was in the UAE?

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ivewonyoung 8 hours ago | parent [-]

> ask you once again, why would I lose anything if Tesla was in the UAE?

Tesla employs 120,000 people in the US, not to mention all the federal, state, local, SS and Medicare taxes paid. Tesla employees, especially early ones, also had their stock options grow huge, building US wealth and increasing taxes owed and paid.

	▲	chickenzzzzu 6 hours ago \| parent [-]
		That is a reasonable counter argument, however I would argue that that is no longer a benefit for the American public. Similar to how our country effectively relocated our entire manufacturing sector to the entire world (to externalize the environmental impact), only to enforce it with gunboat diplomacy to ensure that only the profits make their way home, I don't see any benefit in having the jobs located on US soil. Politicians will say that there is a good reason to have the jobs here, but there isn't. It is much better for everyone if we just tax the owners of the company when they exercise their shares (something probably has to be done about the loaning loophole). America should be a nation of suburban houses, spread quite far apart from each other, of people mostly working from home. Anything else is a legitimate nuissance.