More on "Hire American"

The WSJ has a couple of good op-ed pieces continuing the debate about TARP and H1-B. The "Employ American Workers Act" (EAWA) which was folded into the stimulus bill is the culprit here. The Amendment was sponsored by Senators Grassley (R-IA) and Sanders (I-VT) and designed to prevent TARP fund recipients from hiring foreign workers if they laid off Americans recently. In "Turning Away Talent", the WSJ editors set the record straight on some misconceptions about H1-B statistics. They also warn that the U.S. will just drive much of the best talent away to, yup, foreign banks. Also in the WSJ, a trio of Dartmouth professors says that it is a terrible time to be rejecting skilled workers. They warn against such protectionist thinking in a global economy, but ask the more fundamental question, don't we want the best and the brightest fixing this mess, regardless of where they come from?