5.1.05

Dec 31 America's Creativity Crisis John Mauldin 321gold

Dec 31 America's Creativity Crisis John Mauldin 321gold: "'Students are a leading indicator of global talent flows. The countries that attract them often retain them. For decades, international students have flocked to the U.S. to take advantage of its world-class education. Recently, however, a report by the Council for Graduate Schools found that international student applications for fall 2004 admission had dropped sharply at 90 percent of the schools in its survey. The total decline was 32 percent.

'It is not just students who are affected. The Homeland Security Dept.'s annual report on immigration released in September shows the total number of immigrants - those granted the right to stay in the U.S. permanently - declined 34 percent in 2003. More importantly, the immigrants with the most to offer seem to be having the hardest time getting in. The number of workers with advanced degrees or exceptional skills who were admitted to the U.S. fell 65 percent last year. For the first time in modern history, top scientists and intellectuals are choosing not to come to the U.S."

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