and as far as immigrants coming in and dragging down our wages - at my husband's work (computer engineering) they CANNOT fill the positions with US citizens, because there are not enough US citizens going into the sciences. they can't get qualified candidates who are US-born. my husband's team at his last job was 60% vietnamese, 10% european and 20% us-born. when he left he was replaced by an Indian. At his newer job his team is mainly Indian, with one Greek and a couple of europeans thrown in. his boss is from China. This is just the reality in our little tech-centered area. it's not going to go away.
we are facing a huge problem here with a decline in placing importance on education. science is the future and we are falling behind fast. our culture no longer values education - we pay it lip service but everybody wants to get rich quick. it's why we've had bubble after bubble burst - the stock burst of 2000-2001, the housing bubble that's falling apart now, and the commodities bubble that's currently swelling (although gas won't be coming down again).
I think tarbubble is right-on here. I work with an R&D company as an engineer. There is a huge shortage of Engineers and Scientists in the country, and my company is having to pull many from overseas, especially India and China. These are high paying jobs (entry level $50,000+ a year) that could be filed with US citizens. My state is also having a huge shortage of machinists. I see education as a major problem.
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