Snipped from a report and thread about the loss of real estate industrial complex employment and the spreading repercussions throughout finance and the economy as a whole. Realtors Exiting the Business
>An Observer | 01.10.08 - 12:10 pm - "... all we seem to get are resumes from Indians here on work visas. What's going on?"
They, along with many indo-asians are more well educated than the native born largely euro latin afro descended US citizens. I know all generalizations fall false at some point, including this one. None-the-less, here's an a priori assumption to explain this... I don't suppose we in the US revere knowledge and wisdom as much as the home born people from older civiizations seem to do.
With local property tax financing providing the majority of school funding, the distribution of offers from elite universities and colleges correlate highly with the income of their parents and the cost/sq.ft of the median residences in their school district. Just a hunch why? Free markets and gentrification. Privatized high quality education for an elite few, and variable public schools for others.
In addition, there are very many distractions that preclude rigorous thinking that are manifest. All senses are presented with entertainment to hold every attention, with streaming image music and dialog full of actors and singers and athletes and super stars, full of non-stop celebrities and games.
Perhaps collectively in the madness of crowds, we are happily unaware of being possibly in an infantile stage, compelled by simply entertaining things and notions. We can hope not, for to do so we do at our witless stupidity and peril. /rant>
About H1B's? How about free markets for exchanging and organizing all three legs of the stool: Capital, goods and services? Some call it labor, but I think of us all as a mobile living capital good that transforms sunlight into accomplishment. Equilibrium is eventual, given sufficient time. Why fight it?