Comment Comment by startuprules US is in for another lost decade ahead for innovation, as:- US venture capital industry is expected to shrink considerably (http://techcrunch.com/2010/07/13/report-u-s-venture-capital-...)- Immigration brain drain takes place. Only 18,000 applications had been filed for regular H-1Bs so far this year. (http://money.cnn.com/2010/06/14/news/economy/immigration_bra...)- US manufacturing jobs keep slipping away, and the trend will likely continue - Nation's 100 biggest markets have lost ~40% jobs compared to a decade ago (http://buffalo.bizjournals.com/buffalo/blog/the_score/2010/0...)We need to act now to reverse these long term trends, otherwise innovation will dissipate rather quickly, as the world braces austerity and the second US recession parent startuprules 16 years ago
- US venture capital industry is expected to shrink considerably (http://techcrunch.com/2010/07/13/report-u-s-venture-capital-...)
- Immigration brain drain takes place. Only 18,000 applications had been filed for regular H-1Bs so far this year. (http://money.cnn.com/2010/06/14/news/economy/immigration_bra...)
- US manufacturing jobs keep slipping away, and the trend will likely continue - Nation's 100 biggest markets have lost ~40% jobs compared to a decade ago (http://buffalo.bizjournals.com/buffalo/blog/the_score/2010/0...)
We need to act now to reverse these long term trends, otherwise innovation will dissipate rather quickly, as the world braces austerity and the second US recession