Paul Craig Roberts is an economist who served as an assistant secretary to the Treasury. He is a strong critic of the belief that the United States must import foreign workers, particularly in STEM (Science Technology Engineering Math), because we don’t have enough Americans available to fill jobs in these fields. Roberts maintains that firms making this claim use it as an excuse to import foreign workers whom they can exploit as a cheap labor workforce.
In a recent column he observed: “The United States has about 6,000 universities and colleges, of which about 4,000 are degree-granting institutions. Does anyone really believe that the United States cannot produce an educated work force?
“Does anyone really believe that Harvard, Princeton, Yale, Columbia, Cornell, University of Pennsylvania, Stanford, University of California, MIT, Georgia Tech, Cal Tech and the other giants of education cannot produce the engineers and scientists that the American economy needs?
“The notion that the United States, still acknowledged worldwide as the premier nation despite its decline, is incapable of producing a workforce sufficient for its economy and must rely on India, China, and other countries is absurd.”
Read more at paulcraigroberts.org