Tuesday, July 6, 2010

Stealing Skilled Labor from the Developing World Does Not Constitute a Growth Policy

The United States and other Anglo countries are adept at assimilation, and capable of being the giant sucking sound for skilled labor from the developing world. But contrary to many mainstream American economists views, draining skilled labor from the developing world does not constitute a growth policy. It acts as an outsourcing of the United States education system to countries that are much poorer, have less resources, and need skilled labor much more. It acts as a pressure release against increased funding and improvements in our own public education system. While it may be good for selected individuals, and certainly for business owners, as a net sum gain it is zero or less than zero. It limits the potential of Americans within the public education system, and enserfs developing countries to remittances and a subservient relationship with the developed world.

No comments: