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To: entropy12

Yep, I figured you were Indian by your shifting the blame to the US.
This started with the bag of excrement Jack Welch at GE, then McKinsey starting a management fad.

The point is that all the savings from H1B are eaten up by schedule slippage, re-working of shoddy product, additional meetings and management overhead; but since those things do not have individual line items...

I suspect collusion between the behind the scenes powers-that-be (retired influential pols and autofellatory “deep thinkers” who when to the ‘right’ schools) : based on the knowledge that the US population has been facing a demographic bust, and looking for new markets. The Third World countries basically said, “If you want us to open our markets, you need to create a viable middle class in our countries”...

I wrote vanities about this ten years ago.

http://www.freerepublic.com/focus/f-chat/1463179/posts
http://www.freerepublic.com/focus/f-chat/1590266/posts


175 posted on 02/07/2015 7:31:53 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: grey_whiskers

Like I said, it is up to each individual enterprise to select whom they should hire. Than includes people on H-1B visa’s. In my field off heavy machinery design and manufacturing, I have seen very good and very bad engineers from my own country of origin, India.

After I was hired as the first Indian in my outfit, my company thought all Indian engineers must be like me, and they went on a hiring binge of Indians. Well, like from every other country, there are intelligent people and not so intelligent people.

In the field of IT programmers, the same rule applies. If an outfit is dumb enough to hire incompetent workers, the market forces will catch up and hasten it’s demise.

At the end of day, I believe free market capitalism is the best approach to general prosperity. Protectionism is a proven failure for higher living standards, again and again. In United States we have too much of crony capitalism rather than free market capitalism. Get rid of all tax loop holes and institute sales based tax. That approach guarantees flourishing of efficient producers and well deserved demise of non-efficient producers of goods and services. Income based taxation does just the reverse.


188 posted on 02/07/2015 9:22:50 AM PST by entropy12 ( Only real function of economic forecasts is to make astrology look respectable.)
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