AT&T CEO says hard to find skilled U.S. workers

Stephenson said he is especially distressed that in some U.S. communities and among certain groups, the high school dropout rate is as high as 50 percent.

"We're able to do new product engineering in Bangalore as easily as we're able to do it in Austin, Texas," he said, referring to the Indian city where many international companies have "outsourced" technical and customer support workers.

"I know you don't like hearing that, but that's the way it is," he said.

READ THIS BOOK - IT'S PROBABLY OVER THE HEAD OF MOST OF YOU "PROVIDE MORE BENEFITS TO THE NON-PRODUCERS CROWD"

However, it might possibly enlighten some of you as to the need of creating a friendlier and less burdensome atmosphere for businesses. It might also enlighten you as to our need to educate more engineering and science majors instead of all this liberal arts crap that is producing useless employees in our work force. There are reasons our jobs are moving offshore and it isn't the fault of the businesses themselves. However, it is very easy to make them the bad guys... isn't it.