Fed Governor Admits: We're Useless

Fed Governor Admits: We're Useless
Several Random thoughts if the premise of the article is true.

If we accept we have skills mis match and it is not fixable in the short term, is changing how we handle immagration the answer? What if instead of H1 visas we gave all educated people (BS or approve) a green card would we increase the demand down range? Ie more people living here would mean more housing, service industry, more money flowing in the system. H1 is bad for both employees as you can be sent home at the whim of the employer and my drive wages down. While a green card makes you more of a protected class and should translate to a higher pay.

Two if we want to drive more manufacturing back to the USA we need to change the tax code which encourages it.