I think you misunderstood the parent comment. Putting caps on H1B visas isn’t a good way for India to stimulate it’s own startup ecosystem, because the claim is that many Founders are returning to India after a stint with H1B.
Capping H1B is classic Trump and threatening to cap it based on complaisance with a particular pro-US policy goal, doubly so.
Fundamentally, Trump believes America has tremendous amounts of value that it “gives away” too freely to competing countries in terms of access to our education, employment, and markets (visas and trade). He’s willing to leverage the value of cheap visas and cheap trade to obtain foreign policy goals.
> Capping H1B is classic Trump and threatening to cap it based on complaisance with a particular pro-US policy goal, doubly so.
I get this. But what Trump fails to grasp is that our own ecosystem in the US relies heavily on sucking MIT, Harvard, Stanford level people from other countries. Stopping that is a boon for other countries who not only have their own smart people starting companies locally but also have fewer American companies competing in general since America hemorrhaged that innovation ecosystem.
Capping H1B is classic Trump and threatening to cap it based on complaisance with a particular pro-US policy goal, doubly so.
Fundamentally, Trump believes America has tremendous amounts of value that it “gives away” too freely to competing countries in terms of access to our education, employment, and markets (visas and trade). He’s willing to leverage the value of cheap visas and cheap trade to obtain foreign policy goals.