On Immigration, Don't Hold Economy Hostage to PoliticsPublished: Oct 25, 2012 By: Bloomberg
"It would be hard to exaggerate the lunacy of the U.S.’s rules on skilled immigrants. We know of no other advanced economy that skews its policies so severely against the workers in greatest demand. Most countries see themselves as competing to attract that kind of immigrant, recognizing that human capital is an important driver of economic success.
The U.S. has more to worry about than most. Its schools are underperforming and its students have lost ground in comparison with other countries. The educational quality of the U.S. labor force, after decades of rapid improvement, has begun to stagnate."
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