US graduates only 14% of the engineers that China and India graduate

From this small amount of engineers graduating in the US, a significant percentage return to their countries. Estimation show that in a few years 90% of the engineers  and computer scientists in the world will be working in Asia.

Talking to Lockheed Martin one time, they mentioned there were hundreds of computer scientist graduating from University of Denver. Just 2 years ago, there were 40. Boeing is scrapping for ideas to fix their workforce crisis. It is all retiring, and there are not new engineers to replenish the need.

To top it off, even Otellini - Intel CEO - is saying it cost a billion more to operate a plant in the US than anywhere else in the world mostly due to taxes. Not even high paid US workforce is the main issue for loosing jobs.

Ideally Asian countries would be educating their people in today's technology which allows the US to remain the cutting edge, but this is not happening. With all major engineering and science companies hiring workforce in Asia, foreign workers are at the forefront of the new wave of science and technology.

China got GE technology for the rights to open plants. China became the most polluting country in the world, and it is enforcing companies to buy alternative technologies locally with government funding which has propelled China to the leading position in alternative technologies. These companies in turned find the best in the world to invest with them.

Meanwhile, American Lobby continuously fights for countries to open their markets to...WalMart, McDonald's, etc.

I stopped counting already how many business leaders are concerned about the future of the US. An interesting idea has been put forth. The US is becoming less entrepreneur, and more corporate. They cited every management who has been revered has been applauded for achieving results by breaking with the US corporate culture. Meanwhile, the world who has always aspired to be more US like, is implementing the American dream while the US is just unfortunately, waking up from it.

Source: http://jallen-pen.blogspot.com/2010/08/us-graduates-only-14-of-engineers-that.html