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Trump administration has plan to scrap ‘startup visa’ rule

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Re: Trump administration has plan to scrap ‘startup visa’ rule

#311

Earlier quoted context omitted.

Okay, I'm not taking the piss - let me ask you an honest question. 10 years of 10x immigration would be 100,000,000 people, so about 11 cities the size of New York of 100% new immigrants. Such masses could not possibly assimilate to any significant degree; they'd obviously form huge enclaves. Presumably you'd want to live amongst them, and you would not preferentially move to a neighborhood of people with your cultur…

At my current job around half the people are immigrants, or children of immigrants. I'm sure company wide it's similar. They don't bite. When I went to college it was 30% asian, and they didn't bite either. There were brown kids and black kids, and many foreigners. I don't think what makes America special is country of origin or the appearance of the people who live here. A lot of anti-immigration sentiment has under…

You didn't answer the question clearly. It seems your answer obliquely is that you don't want it for yourself, you want it because it'd benefit the immigrants.

>They don't bite.

I grew up in a class of around 50% children of immigrants. I'm aware that they don't bite.

But, it's nice of you to instantly assume that I'm a xenophobic person just because I question your policy ideas on immigration. Of course the person who wants 20x immigration would assume the same thing about you, and then you're in the left-wing purity spiral. So let's just leave off the insinuations of personal flaws, okay?

>the target should be, if someone wants to come here and make a better life for themselves, they should be able to.

Please, please watch this 6 minute TED-style talk on immigration numbers: https://www.youtube.com/watch?v=LPjzfGChGlE

Your basic goal of helping the world is good. But your convictions have completely disconnected you from the strictures of reality.

Your goal isn't coherent. If your target is 5x immigration, then you're not even close to your stated goal of accepting everyone who wants to come. 5x immigration would be about 5 million per year. Africa alone adds 30 million people per year via births over deaths. If 1/3 of those want to enter, then you haven't even absorbed most of the population growth of one continent, much less helped existing Africans, or anyone from anywhere else.

The entire Western world (USA, Canada, Australia, Europe) is about 15% of the world population. It is simply impossible that 15% of the people can save 85% of the people by absorbing them. Even if only, say, a third want to come, it's simply mean dissolving Western countries and leaving the third world without any help or guidance at all.

If your goal is to help people in other countries - which is a good goal - you need to start approaching it with solutions that can actually work. We have to help them grow where they're planted.

>If someone is willing to leave their country and move to America, we can make it work and it can be a win-win for both sides.

This is such a fairy tale. Not every person in the world shares your values. What if that person hates democracy and want to usher in a global theocracy?

Re: Trump administration has plan to scrap ‘startup visa’ rule

#314

Earlier quoted context omitted.

Okay, I'm not taking the piss - let me ask you an honest question. 10 years of 10x immigration would be 100,000,000 people, so about 11 cities the size of New York of 100% new immigrants. Such masses could not possibly assimilate to any significant degree; they'd obviously form huge enclaves. Presumably you'd want to live amongst them, and you would not preferentially move to a neighborhood of people with your cultur…

At my current job around half the people are immigrants, or children of immigrants. I'm sure company wide it's similar. They don't bite. When I went to college it was 30% asian, and they didn't bite either. There were brown kids and black kids, and many foreigners. I don't think what makes America special is country of origin or the appearance of the people who live here. A lot of anti-immigration sentiment has under…

This is only good if the rest of the world is in a similar state to America. If we were talking about just the West and Japan, sure. "Anybody from India who wants to move here we can make it work". Great, now salaries for software engineers in SV are going to drop in half because there are a ton of developers who can fill jobs here, yet Americans don't want to move to India. (Just using India as an example).

There has to be equilibrium or it's a policy that will drive down worker wages, increase the wealth of the 1%, and leave the United States crowded and poor.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#316

Earlier quoted context omitted.

So—this means the value of a landlord is directly proportional to the minimization of their profits. Unfortunately, that's also more than you can expect from humans who know they can charge more and find tenants.

Yeah, that's how capital markets work in general. If you can charge more and still find a tenant, you're replacing low-value land use with higher-value land use. This is particularly true in commercial real estate. Though that's kind of a side issue to my original point: the excess profits attracts and incentivizes similar investment, which increases the cost of investment, which lowers profit down to the general wat…

If anything, this has convinced me that public transit and other public services should be funded entirely with property tax.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#317

Earlier quoted context omitted.

Yeah, that's how capital markets work in general. If you can charge more and still find a tenant, you're replacing low-value land use with higher-value land use. This is particularly true in commercial real estate. Though that's kind of a side issue to my original point: the excess profits attracts and incentivizes similar investment, which increases the cost of investment, which lowers profit down to the general wat…

If anything, this has convinced me that public transit and other public services should be funded entirely with property tax.

Georgism brings up some really fantastic points along this line.

If you want to be technically pedantic, exclude the value of improvements on the property. You don't really want to tax the act of replacing an empty lot with a $10MM factory. You do want to tax the right to use land within the catchment of the various services the state provides. Land isn't produced, so you can't disincentivize producing it.

https://en.wikipedia.org/wiki/Georgism

Re: Trump administration has plan to scrap ‘startup visa’ rule

#318
post #307

Earlier quoted context omitted.

I am unable to see any "trolling" in the comment. The comment seems accurate.

It was more than one comment. We judge 'trolling' by its effects. Inflammatory posts on divisive topics provoke flamewars, and that destroys the commons. https://hn.algolia.com/?sort=byDate&prefix&page=0&dateRange=... This doesn't mean you can't comment on divisive topics. It means that as the topic gets more divisive, comments need to become more thoughtful and more substantive, not less.

When you decide that comments are "trolling" by their effects, rather than only their content, you give censorial power to people who respond poorly.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#319

God forbid that Americans want to hire and grow American talent, right guys? I mean that's just awful.

I'm find it surprising that some Americans don't think their country is big enough or their economy is strong enough to support both local entrepreneurs and foreign entrepreneurs who want to build businesses in the USA. You don't have to choose - you can have both.

I don't think people have a problem with foreign entrepreneurs who want to build businesses here. They have a problem with them not hiring the people who actually live here.

Re: Trump administration has plan to scrap ‘startup visa’ rule

#320

Earlier quoted context omitted.

The high bar is there to ensure the system satisfies the "will they contribute to our economy" criterion. Sure, that results in immigrants being more qualified and having more earning potential than the average native citizen. Nothing wrong with that. On the contrary, it means each immigrant will in average increase the country's GDP/capita. It also means the working class will be less likely to oppose immigration. W…

Not a middle-income location and not from middle-class. I still managed to leave it, but you have no single idea how much effort and pain it cost me.

More power to you! But I hope you understand my point. The developed countries accept immigrants out of self-interest, not in order to help developing countries.
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