Thank You, India.
Courtesy of Joshua M Brown, The Reformed Broker
When people drone on endlessly about the Decline of the American Empire and about the fact that 10% plus unemployment will be a permanent feature, they forget about a very basic trend that has not abated…skilled, intelligent people from around the world want to "make it" here, more than anywhere else.
I was surprised to learn that, based on data from the H-1B Visa program for skilled immigrants, such a large percentage of these strivers are coming here from India.
From Economix:
Bear in mind, though, that a lot of the world’s innovators are still hoping to come to the United States.
Many of these researchers come in through the country’s H-1B visa program, which is for skilled immigrants. The majority of these immigrants come from India, and the next biggest group comes from China:
I thought that was pretty cool. Keep ’em coming, as innovation is our only way forward. This skilled wave of immigrants will surely deliver it.
Source:
Paying For Innovation (Economix)
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