"What that's gonna show up as in a decade's time, they'll be some companies that were never founded, they'll be entrepreneurs who couldn't afford to go to business school, immigrants with great ideas who ended up staying in their home countries instead. Whatever the next generation's Google or OpenAI is, it may not end up being invented - or it may not happen on our soil."
""We'll never see that absence," he added. "But our kids will feel it... in a set of lost opportunities. There will be businesses they never started, there will be job opportunities, there will be new technologies, there will be ways of creating a greener, safer, more prosperous future that simply aren't possible. But we're not going to see it straight away."
""When you are the richest country in the world, maybe you are not the ones who should be thinking about ripping down your existing institutions. It's those who are somewhat behind, but that's what this president is doing.""
The Trump administration combined heavy government intervention with a departure from traditional conservatism, displaying disregard for American institutions. Ripping down existing institutions risks long-term economic harm that will not appear immediately in conventional data. Over the next decade, fewer startups, entrepreneurs deterred by cost, and immigrants remaining abroad could prevent the emergence or U.S.-based development of major technological breakthroughs. The result will be lost businesses, fewer jobs, slower technological progress, and diminished capacity to create a greener, safer, and more prosperous future, producing enduring lost opportunities for younger generations.
Read at LGBTQ Nation
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