Quote from nitro:
Well said, but imo you do not go far enough. Imagine there were no roads, no bridges, no electricity. These are the raw materials to a business today. Why isn't an educated work force seen as part of those raw materials? How can a US laborer justify four++ years of University, coming out with $80,000 in debt, compared to someone that got a degree from the India Institute of Technology or the Chinese Institute of Technology, and owes nothing? The business solution is to seek H1B employees. And since businesses are becoming multi-national now, it doesn't matter, corporations will sell their products to them instead of the broke American worker - a dire situation for American workers.
As far as health care, let me give different analogy. If my business makes heavy use of a truck, and that truck requires routine maintenance, and every time it breaks down it could potentially wipe out a large portion of my profits, I am in a precarious business to say the least. Of course, trucks are replaceable pretty easily. Why isn't the health of the work force seen the same way? The answer is, with one billion Indians and one and a half billion Chinese, replacement is easy enough with human capital as well.
US Corporations complain of an uneducated work force. Sheesh, if it weren't for government sanctioned education in the rest of the world, I suspect the situation would be the same the world over. It is a vicious circle in the US...