Pretty simple. Gotta use lower-cost international labor to compete in a global market. The two options are offshoring and H1-Bs. Most sizable companies use both, which means you can’t even compete against other American companies without doing the same.
What you are saying it is over, ball game. Might as well vote foe Sanders right?
You don't "gotta" if that lower-cost international labor is also lower-skill ... which it clearly is, since laid-off Americans are training their Third World replacements (as a condition of getting their severance).
I’d like to know how in the heck companies save money with H1-B’s. I temped at a company in 1996 that brought them over. The entire company was Indian except the accounting section which was where I was placed. I helped out with the records an accounting and the H1-B’s were paid anywhere from $40K to $115K a year and remember, that was almost 20 years ago. No way they can save money that way, there has to be something else.
Just two options?
I can think of one more:
Massive R&D investments in labor saving software and robotics.
Today, we import 1 million new, legal, low skill immigrants each year.
And we import at least another 1 million “guest workers” each year.
That’s a recipe for economic disaster, and, permanent political majorities for the Democrat Party.