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The more highly skilled labor enter a free economy, the greater the demand for lower skilled labor. Of course, the opposite is also true. That's because there
by stretchwithme 12y ago
The more highly skilled labor enter a free economy, the greater the demand for lower skilled labor.
Of course, the opposite is also true.
That's because there is a demand for both from the other. An economy with an abundance of workers with no skills presents opportunities to the skilled. And vice versa.
I think it makes more sense to attract the highly skilled. Competition and wars are won with technology and the more people we have comfortable with technology, the faster we'll be able to adapt to the inevitable innovations that are coming.