I think CEOs should reinvest in ordinary Americans and not take these shortcuts. You could easily teach someone to code by October 2013 if you started now.
What startup is going to wait over a year for their prospective coder to be able to do his job? This is something the education system should be doing. If it isn't, by all means fix it, but don't make startup CEOs spend over a year training employees.
I was referring more to the googles and facebooks of the world. This recent HN post made me think outside the country was the last place start-ups would look for employees: http://news.ycombinator.com/item?id=4346351
What startup is going to wait over a year for their prospective coder to be able to do his job? This is something the education system should be doing. If it isn't, by all means fix it, but don't make startup CEOs spend over a year training employees.