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Originally posted by Greedy,Greedy,Greedy
(i) Embrace the brain drain -- open up more immigration from India, China and other countries for tech and scientific workers, students, entrepreneurs;
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we actually educate tons of tech and science workers. a problem is a high percentage are from foreign countries. It gets especially high when one looks at grad degrees. I always thought it was because US students get a BS and have a decent job here. Foreign students are not in a hurry to go home, so they stay for 1 more degree.
This is why patent attorneys have such lucratives careers. It is hard for young people to resist the lure of a decent job and continue in school.
Tax breaks or loan relief for US citizens who get grad degrees.
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(v) Focus on planting the seeds in industries that will play to strength - like biotech (see PB discussion on stem cells). The private sector can take the products out to market, but the basic research has often been accomplished here in academia, research hospitals, and with government support, and that needs to continue. Putting up artificial barriers to reseach has to end.
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and this will help the old middle class- those with a HS diploma- how?