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Furthermore, it's stupid to compare numbers of technical graduates. It's not the numbers that count but the quality.

Has there been any academic research on the average quality of technical graduates in the USA versus India and China? I don't mean just memorization of facts and formulas, but ability to creatively solve real-world problems. Perhaps that's impossible to objectively measure.

"It's not the numbers that count but the quality."

For the short term economy (1-5 yrs), the quantity counts much more than quality. If Bank of America needs to hire 500 interchangeable Java programmers, they probably can't use or manage 10 excellent programmers instead. But for the longer term, a couple Sergeys and Zuckerbergs (or for that matter, Grahams and Morrises) are much more valuable.

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