Mr. President, There Is No (US) Engineer Shortage
McGruber writes "Vivek Wadhwa has written an article in the Washington Post titled, 'Mr. President, there is no engineer shortage,' which addresses the perceived national shortage of engineers. Wadhwa slams China for its practice of applying the 'engineer' label to auto mechanics and technicians, yet fails to slam the U.S. for its practice of applying the 'engineer' label to sanitation workers, building janitors, boiler operators, FaceSpace coders, MSCEs and DeVry graduates. He also says, 'Some of [the U.S.'s] best engineers are not doing engineering, and some of its best potential engineers are not even studying engineering, leaving us short-changed in solving the important problems of the day.'"
But we live in a Free Market Wonderland. The invisible hand should direct that qualified applicants get more money until the problem is solved. So, no problem, just as he said. Right?
Faster! Faster! Faster would be better!