Free The Talent

Fretting over local talent leaving and resisting the in-migration of foreign born brains are cut from the same xenophobic cloth. Hat tip Growthology, Michigan might better spend its money on backing the Founder's Visa:

By definition these 10,000 founders wouldn't be taking jobs from Americans: it could be part of the terms of the visa that they couldn't work for existing companies, only new ones they'd founded. In fact they'd cause there to be more jobs for Americans, because the companies they started would hire more employees as they grew.

What's the argument against such a policy proposal?