America’s Loss & the world gains!

Things change, may be one way or the other, and this dynamic world is the live example of a roller coaster ride which is continuously falling in an abyss. Well from the title, many of us could have guessed what the contents are about. My voice may contain nuance of a professional with high ambitions, a job seeker in today’s recessionary world or even a Harvard student whose placement offer is turned down by Bank of America.

I still remember the powerful and elusive words of Mr. Barrack Hussein Obama amidst the nerve wrecking cold, he described The United States as a land of Christians and Muslims, Jews and Hindus and non-believers. One may conclude that the American population is primarily composed of immigrants, please correct me if I am wrong. Now, I am baffled by the terms and conditions offered by Mr. Obama’s government for the companies availing the bail out package. Well Mr. President your government may be constituted of highly intellectual people with extraordinary IQ, but the approach you are following is highly parochial. Hey, but won't it save the jobs of Americans, indeed its a great idea, why should the Americans only loose even though this tornado originated in The States! I am confused, on one hand America is embracing its diversity and its ethnic culture, and on the other it’s curtailing people of different origin to work there.

I came to know an important finding while perusing the weekend newspaper, it was about the relationship between the immigrant population and the economic growth. The study was proposed by Stanford students (I guess it was Stanford only), and it says that for every 1% rise in the immigrant population there is a 6% increase in the no. of patents, papers and other research journals. The royalties and income generated by it are quite significant, but who cares, at least the American jobs are safe, let the economy remain strangulated. People will readily move to their home country and soon there will be a huge pool of intellectuals working in their nation and directly contributing to the economy with their skills. The entrepreneurs, venture capitalists and innovators, the main reasons for the American supremacy, are of foreign origin. Sergey Brin hails from Russia and he along with Larry Page and the Stanford Professor Rajeev Motwani (doesn’t sound American) gave birth to Google. Sooner or later, we will see the Eastern world to give birth to their Microsoft/ Google and this is happening, and is happening right now. The world will rise and there will be no looking back, we are on a crest of a transition wave, and the West at its trough.

Disclaimer: All views written are personal and do not intend to defame any person, country or a thing.