Find the latest episode of "The Uncertain Hour" here. Listen
Commentary

Before we let in the world’s best and brightest . . .

Marketplace Staff Jun 6, 2007
HTML EMBED:
COPY
Commentary

Before we let in the world’s best and brightest . . .

Marketplace Staff Jun 6, 2007
HTML EMBED:
COPY

CORRECTION

This commentary incorrectly stated the name of the poet whose words appear at the Statue of Liberty. It should be Emma Lazarus.


TEXT OF COMMENTARY

SCOTT JAGOW: Today, the Senate continues debating the immigration bill. Things got pretty nasty yesterday. Democrats and Republicans accused each other of trying to kill the measure. It would legalize millions of undocumented immigrants and create a guest worker program. Some thoughts now from commentator Robert Reich:

Robert Reich: A century ago, America’s immigration policy was best summarized in Emma Goldman’s famous lines on the Statue of Liberty: “Give me your tired, your poor, your huddled masses yearning to breathe free.”

I’m afraid that under the immigration bill now pending in Congress, it will be: “Give me your rich, your well-educated, your young high-tech moguls yearning to make even more money.”

Supporters of this fundamental change in immigration policy say we need to import more well-educated talent if we’re to stay competitive.

But exactly whose competitiveness are we talking about? Not the competitiveness of, say, American-born computer engineers. Adjusted for inflation, their earnings haven’t gone anywhere in years.

That’s in part because American companies have been sending so much of their high-tech work abroad. Bringing more foreign-born engineers here under an expanded H1-B visa program, or a point system for that matter, will just depress wages even further.

Some argue that even with all the outsourcing, we still don’t have enough well-educated high-tech workers here in America. But this mixes short-term and long-term logic.

You’d expect any shortage of talent in America would force companies here to raise salaries sufficiently to induce enough Americans to get the skills in demand. Yet if those companies are allowed to import more high-tech workers, they won’t need to raise American salaries. Which means fewer young Americans will be attracted into these careers, thereby creating a self-fulfilling prophecy of too few native-born Americans to fill them.

Taking the pressure off American companies like this also means taking the pressure off them to help fix America’s broken educational system in which American kids now place last in math and science among young people in all advanced nations.

Now don’t get me wrong: I’m all in favor of immigration. Our country was built on it. But I worry about bringing in well-educated people with high-tech skills when we’ve failed to give enough Americans a good education — or pay those who have it what they deserve.

JAGOW: Former Labor Secretary Robert Reich now teaches at the University of California at Berkeley. In Los Angeles, I’m Scott Jagow. Thanks for tuning in and have a great day.

CORRECTION

This commentary incorrectly stated the name of the poet whose words appear at the Statue of Liberty. It should be Emma Lazarus.


TEXT OF COMMENTARY

SCOTT JAGOW: Today, the Senate continues debating the immigration bill. Things got pretty nasty yesterday. Democrats and Republicans accused each other of trying to kill the measure. It would legalize millions of undocumented immigrants and create a guest worker program. Some thoughts now from commentator Robert Reich:

Robert Reich: A century ago, America’s immigration policy was best summarized in Emma Goldman’s famous lines on the Statue of Liberty: “Give me your tired, your poor, your huddled masses yearning to breathe free.”

I’m afraid that under the immigration bill now pending in Congress, it will be: “Give me your rich, your well-educated, your young high-tech moguls yearning to make even more money.”

Supporters of this fundamental change in immigration policy say we need to import more well-educated talent if we’re to stay competitive.

But exactly whose competitiveness are we talking about? Not the competitiveness of, say, American-born computer engineers. Adjusted for inflation, their earnings haven’t gone anywhere in years.

That’s in part because American companies have been sending so much of their high-tech work abroad. Bringing more foreign-born engineers here under an expanded H1-B visa program, or a point system for that matter, will just depress wages even further.

Some argue that even with all the outsourcing, we still don’t have enough well-educated high-tech workers here in America. But this mixes short-term and long-term logic.

You’d expect any shortage of talent in America would force companies here to raise salaries sufficiently to induce enough Americans to get the skills in demand. Yet if those companies are allowed to import more high-tech workers, they won’t need to raise American salaries. Which means fewer young Americans will be attracted into these careers, thereby creating a self-fulfilling prophecy of too few native-born Americans to fill them.

Taking the pressure off American companies like this also means taking the pressure off them to help fix America’s broken educational system in which American kids now place last in math and science among young people in all advanced nations.

Now don’t get me wrong: I’m all in favor of immigration. Our country was built on it. But I worry about bringing in well-educated people with high-tech skills when we’ve failed to give enough Americans a good education — or pay those who have it what they deserve.

JAGOW: Former Labor Secretary Robert Reich now teaches at the University of California at Berkeley. In Los Angeles, I’m Scott Jagow. Thanks for tuning in and have a great day.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.