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That bolded bit fails econ 101. Comparative and competitive advantage.
International trade is typically a 400-level course, but what would you know about it. The uS meanwhile has one fo the most educated and sophisticated workforces in the world. We should not be wasting that valuable resource on pedestrian work that recently upgraded peasants can now perform.
We have an easy 50 MILLION Americans we have not educated properly, many of those have the innate abilities required to be great STEM workers yet instead of looking to our own, and finding ways to turn those low income but capable people into national assets, we just fly over to India/China and hire another 100,000 out of the STEM mills...
Education in the United States is a serious problem that is largely ignored, but I fail to see how Indian and Chinese immigration has anything to do with that. An American with a STEM degree will find a job over an Indian or a Chinese immigrant.
International trade is typically a 400-level course, but what would you know about it. The uS meanwhile has one fo the most educated and sophisticated workforces in the world. We should not be wasting that valuable resource on pedestrian work that recently upgraded peasants can now perform.
Perhaps I could have expanded a bit.
Comparative and competitive advantage is not restricted to domestic or international economics, it applies at every level starting with who does the dishes all the way to long term national planning.
Look I even included an econ 101 link to avoid a protracted debate...
Education in the United States is a serious problem that is largely ignored, but I fail to see how Indian and Chinese immigration has anything to do with that. An American with a STEM degree will find a job over an Indian or a Chinese immigrant.
That might have been the case at one point in time, but as someone who deals with large numbers of highly qualified immigrants I can tell you with complete certainty the only thing holding back the wave is the limited number of visas. when comparing two equal candidates the immigrant has a number of short term advantages , mostly around pay (yes pay) , terms and easy employee retention for a number of years..
And with so many already here, the culture issues are no longer a real barrier like they once were. I am not a fan of importing labor when we have so many under employed Americans, but until we fixed our broken 3rd level ed we will continue to have problems filling mid level positions.
That bolded bit fails econ 101. Comparative and competitive advantage.
Sounds to me that that post said America should do what it does best. How does this contradict competitive advantage or whatever theory it is that is supposed to come from Econ 101?
Comparative and competitive advantage is not restricted to domestic or international economics...
The topic that you are trying to run away from here was what sort of work highly educated and expensive American workers should be focusing on in comparison to recently upgraded peasants in other economies. That is squarely a matter of international economics without any connection at all to the identity of dish-doers at your house.
Quote:
Originally Posted by evilcart
Look I even included an econ 101 link to avoid a protracted debate...
It has been my experience that people who make "Econ 101" claims cannot be presumed to have actually passed or even taken the course. They often have no more than some Google-grade understanding of any form of economics. Nothing has yet happened here to call any of that experience into question.
Quote:
Originally Posted by evilcart
any other problems with my statement you would like me to address?
Yes. Why did you make it at all, given its general state of utter flimsiness?
Sounds to me that that post said America should do what it does best. How does this contradict competitive advantage or whatever theory it is that is supposed to come from Econ 101?
That's of course a good question, one that a certain poster plainly did not raise with himself prior to jumping into the thread. I doubt that he'll choose to address it honestly now though.
"Look, I already told you..."
"I can't help it if you..."
"Everybody knows that..."
Sounds to me that that post said America should do what it does best. How does this contradict competitive advantage or whatever theory it is that is supposed to come from Econ 101?
99% of the people are getting shafted by the current system, the only people who want to retain it are the ones benefiting from things the way they are.
Last edited by Marka; 05-28-2015 at 05:05 AM..
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