THE DREAM IN ACTION

The US Dollar has decreased by roughly 12% in the last year.  This directly affects the

US’s ability to hire quality individuals from other countries (outsource). As industries like technology, health-care and sciences begin to rely more on the less expensive but very well educated individuals from other countries it is very important for the

US to keep the dollar strong against foreign currencies. 

The

United States has done a very good job in its relatively short history in educating its citizens and that is a very large reason for our success. However, other countries are beginning to provide very high quality educations and in order to keep the “quality” or “competitive advantage” within the US we need to be able to pay these individuals to stay and work domestically. If the US Dollar continues to decline at this rate we will not be able to pay these competitive prices for people.  India graduates 1.5 million engineers a year and the

US graduates only a couple hundred thousand. The crop is dwindling and WE WILL NEED TO BE ABLE TO HIRE COMPETITIVELY!  The private sector may be benefiting from higher prices from our exports but it needs to start pushing the government (FED and the like) to focus more on regaining strength in the US Dollar.