AMAZING comment thread on slashdot.

Indian CEO Says Most US Tech Grads “Unemployable”

“yes.. because getting in foreign workers will help REDUCE local unemployment…. maybe in soviet russia.”

“If you have 10 people and none of them have jobs, you have 100% unemployment. If you then bring in 90 people with jobs and keep the 10 people with no jobs, you have 100 people and only 10% unemployment. See? Bringing in people and giving them jobs does help local unemployment.”

“OK, you made me laugh. But … Theoretically you should get an even lower UE rate. You see those 90 people with jobs will need someone to serve them burgers when they go McDonalds. If 3 of the original 10 unemployed get jobs serving the needs of those 90, leaving you with a 7% UE rate, and, more importantly, with a lower number of unemployed people. That, at least in theory, is how bringing in skilled labour is meant to reduce unemployment.”

“If those 90 people are forbidden from eating cows by their religion, the original 10 are still screwed. McDonald’s won’t be hiring.”

“wtf does mcdonalds have to do with cows?”

“About as much as KFC has to do with chickens.”

Archangel / June 22, 2009 / Personal

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