I think it's a very valid criticism if your best people (not talking about "most" people, who don't start companies and create new stuff) can easily move to another country (or other state inside the US) and earn WAY more for the same job or skill set.
It's not a valid criticism if the gov. footing 80% allows these companies to now offer SV/NY competitive salaries. Which I suspect will happen if they do it right (both the governement and the entrepreneurs).
>I think it's a very valid criticism if your best people (not talking about "most" people, who don't start companies and create new stuff) can easily move to another country (or other state inside the US) and earn WAY more for the same job or skill set.
I think, what a lot Americans overlook, is that most people in the rest of developed world want more from life than a high salary. Moving from somewhere with the highest standards of living in the world, such as Toronto, to somewhere that doesn't even make the list of top 5/10 in North America alone such as NYC, might come with a salary increase but it's a significant trade off in terms of other factors.
Looks a lot of Canadians have overlooked it too - all but 2 people in my graduating cohort are writing code in the US.
You are welcome to delude yourself into thinking that "real" Canadians don't value a high salary, but in reality it's causing a massive brain out of the country.
It's not a valid criticism if the gov. footing 80% allows these companies to now offer SV/NY competitive salaries. Which I suspect will happen if they do it right (both the governement and the entrepreneurs).