In a recent FOX Business interview, Vivek Wadhwa, an entrepreneur turned academic (he’s a senior research associate at Harvard Law School, a visiting scholar at UC-Berkeley, and executive in residence with Duke University), explains how the broken U.S. immigration system is pushing skilled and talented immigrants – valuable resources for promoting economic recovery - to leave the United States.

This quote during the interview is particularly striking:

This is the first time in American history that we’ve had skilled people leaving our country.  So far they’ve come on one way tickets, whether it be on the Mayflower or Air India.  They’ve always come here one way to stay.  They’ve never had other options before.  The world has changed right now.

Wadhwa’s interview captures – in a record five minutes – how the immigration system has failed to keep pace with the demands of the highly skilled sectors of the U.S. economy and how India and China will benefit from this shortsightedness.

You can watch the full interview here.