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Greenspan is saying that STEM workers shouldn't make more than other workers. The argument isn't for increasing worker supply from external sources in general,
by briancaw2 13y ago
Greenspan is saying that STEM workers shouldn't make more than other workers. The argument isn't for increasing worker supply from external sources in general, it's for targeting STEM for more visas.
It's known that students find STEM harder in school and STEM jobs are widely considered more difficult than other jobs, thus earning their wage difference. Like it's been said by others, this will result in less STEM degrees domestically, the exact opposite of how this problem should be solved.
- eli_gottlieb 13y agoYou and I disagree with Greenspan on the basic "should" here. The point of neoliberal policy-making, remember, is to maximize capital growth and minimize inflation by suppressing the price of labor.