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Obama: We don’t want next Intel born in China
President addresses budget, immigration issues at Facebook offices
SAN FRANCISCO (MarketWatch) — President Barack Obama used an appearance Wednesday at Facebook Inc.’s headquarters in Palo Alto, Calif., to pick apart a budget plan put forward by Republican lawmakers, and to encourage “comprehensive” immigration reform that continues to draw skilled foreign workers to the United States.
“We want more Andy Groves here, in the United States,” Obama said during the town-hall meeting, in reference to the Intel Corp. co-founder and Hungarian immigrant. The president advocated an immigration policy that allows for entrepreneurs like Grove to take root in this country.
“We don’t want them starting Intel in China, or starting it in France,” he added.
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