America's Immigration Problem

The brighest and most entrepreneurial are leaving, and Washington seems determined to speed their exodus.

This would be genuinely unfortunate since people who have willingly uprooted themselves from their homes to travel across oceans and establish themselves on foreign soil are natural risk takers. They are precisely the kind of folks America needs to help jumpstart its sputtering economic engine and create new jobs by starting businesses. It is not a coincidence that one in two companies in Silicon Valley has been founded by immigrants. If America is unable to replenish its crop of immigrants, the next Silicon Valley won't be in California—it'll be in Beijing or Bangalore.