Does the U.S. Produce Too Many Scientists? (scientificamerican.com)

Does the US produce too many science PhDs? Do we suffer from degree inflation? Is US science funding broken?

Like everything else, just because a horse is a horse, doesn't make it a racehorse. For every scientist produced, there will be good and there will be bad. The more we have, the better the chance for good ones to float to the surface.