There is another side effect to this that I would add as a casual investor. My bar for getting involved in a US startup is much higher than it used to be, because it's hard to make uncomfortable changes that might be construed in the wrong way. I find myself investing more freely in other countries where there is more upside and less risk of a career-destroying media storm. China for example has all kinds of unique risks associated with its government, but these are more predictable. I think this may be the biggest long-term side effect to all of this stuff - the US loses its position as the place to do disruptive business.