The President appears hesitant to play favorites when it comes to who will enter the country, even if it's at the expense of national prosperity.
Nicholas Carlson at Business Insider informs us
of Obama's decision
not to support the STEM Act, which would favor giving visas to immigrants with advanced degrees in science, technology, engineering, and math. The POTUS rejected the proposal because it would mean ditching another plan currently in existence, the "Diversity Visa" program, which awards visas through a lottery system to immigrants with merely a high school education.
Carlson seconds the opinion of Yale law school professor Peter Schuck that Obama's preferred immigration scheme makes the arrival of skilled foreigners into the country an "accident, not a policy." For Schuck, the solution is clear, and would involve soliciting "more high-skilled immigrants who produce jobs, innovation and new businesses."
new businesses? Consider the fact that over half
of the tech startups in California's Silicon Valley are founded by foreign born residents.