Danos, Slaughter and Hansen Say Turning Away Skilled Immigrants With H1-B Visas Will Hurt the U.S. Economy – WSJ.com

Posted on March 11, 2009

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Free trade not only refers to goods and services, but the free flow of human capital and labor mobility.  With the H1B Visa system currently in place, the United States is disserving itself from attacking it’s current economic glut with the best men (and women) possible and retarding domestically-bred innovation.

In their Wall Street Journal article today, Danos, Slaughter and Hansen Say Turning Away Skilled Immigrants With H1-B Visas Will Hurt the U.S. Economy.

Using the academic market as an example:

Foreign-born MBA candidates often choose to study in America because they aim to apply what they learn from our world-class schools right here. The same is true across the academic fields: According to the National Science Foundation, 42% of Ph. D. science and engineering workers in the U.S. today are foreign born.

Why hamper our ability to solve the economic crisis by maintaining an incestuous relationship with the only domestically-available labor?  Feels un-American…

Posted in: Labor Market