The Exodus and immigration challenges
Friday, April 15, 2016
Next week, the Supreme Court will begin hearing arguments in the case challenging President Obama's 2014 executive actions. Notwithstanding the president’s evocation of Exodus in his speech announcing his executive actions, it is difficult at this time of year not to think of immigration.
The reason that the quota for these highly skilled workers is filled so quickly is that the United States is experiencing an extreme shortfall of qualified employees in to fill STEM openings. Business, technology, medicine and other sectors rely on educated foreign nationals to try and bridge this gap. The trouble is that the current quotas just aren’t enough.
In addition, the tight restrictions on immigration into the U.S. actually drive highly skilled workers away from the United States and toward other nations that are more open to recruiting and retaining global talent. The concern is that there may eventually be a talent exodus away from the U.S., which could inhibit the nation’s ability to compete globally at the level it does today.
Immigration is more than simply a political or social issue; it a crucial economic issue, as well. Business leaders and history both indicate that a steady stream of talented immigrant workers is necessary to maintain American leadership in today's globalized economy. Unfortunately, the number of highly skilled workers allowed into the U.S. under the current quota system is insufficient to meet the current demands. Reform is necessary to part the red tape of immigration and bring U.S. policy into alignment with today's business environment.