And yet even as you admire the potential of India's entrepreneurs to produce growth for their country, it's difficult not to notice the numerous obstacles they face in India, namely: onerous "bureaucratic, legal and tax hurdles" faced by foreign investors; an "inadequate" venture capital system; and an ingrained culture, within the middle class particularly, that values stable, salaried jobs over entrepreneurship.
And then you remember that there's another country--the U.S.--that has few hurdles to investment, a vast venture capital apparatus, and a massively pro-entrepreneurship culture, along with various other features highly conducive to entrepreneurship. And you wonder why more of these Indian entrepreneurs aren't coming here to make their millions.
And then you remember our idiotic visa laws, which seem to be designed to keep talent out rather than attract it, and which thus have the inevitable effect of denying the U.S. economic production, tax revenue, and all the rest. And then you get angry.
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