Posted on 09/19/2019 9:25:38 AM PDT by davikkm
The H-1B program uses cheap foreign workers to replace American workers, and so it dramatically reduces payrolls in legislators’ districts, according to a comparison of two federal databases. The reduced payroll does not go to the local restaurants, landlords, or various members of the local Chambers of Commerce. The funds do not get to local non-profits, county governments, or city halls. Instead, the diverted payroll is transferred from the politicians’ districts to the coastal investors who hire the cheap H-1Bs in place of Americans, according to U.S. and Indian financial reports.
The diverted payroll is important because the Senate is expected to vote September 19 on a bill — S.386 — that would reward Indian college-graduates if they agree to take jobs from American graduates, via the uncapped “Optional Practical Training” and H-1B visa programs.
Nationwide, roughly 800,000 foreign college-graduates — including about 600,000 Indians — are using the H-1B program to work jobs that were held by American college graduates. H-1Bs are cheap because many take the jobs in exchange for their employers’ promise to nominate them for a hugely valuable, taxpayer-funded green card.
(Excerpt) Read more at breitbart.com ...
The Chamber of Communism
Looking at how many banks are hiring through this program would be a valuable exercise.
Senator from Georgia defeated it.Thank him and complain to your own senators
They teach what their clients can pass, if the didn't they wouldn't have graduates then they would have civil rights suits.
It has to be LUCRATIVE and there must be a pay off to study STEM. H-1B threatens that. If you believe in free markets an embargo on imported labor would raise wages in the STEM field incentivising more to study STEM increasing the domestic supply. But I find the most “Conservatives” only pay lip service to “free markets”.
Wow.
And you’re right.
There are still some “free market at all costs” folks around here.
I thought they all died or went away.
You wonder why all new houses being built are so big?
It’s because Indians like to have the extended families living together in the house.
You have a point
However, our public schools would rather teach LGBTQP curriculum then advanced math
Our schools are teaching kids to believe the government will take care of them and working for a living is for suckers.
The reason H1-B is tech and science are needed is because we can’t provide them here. Of course some companies abuse the program and bring in low level IT guys or support people who will live in a company house with 10 other guys and work 14 hour days for $5 an hour cause that is 100x more then they would have gotten in India or where ever.
I am not saying the system is not abused and it is.
But some of them are actually legit
And some of them target advanced degree grads on student visas who are there cause they are extremely smart and good at the field they are learning. Why are not american kids filling those spots? Because they are still trying to figure out what gender they want to be, that is why
Now we do have some good kids who ignored this crap and pretty much ignored school, since school did not prepare them for these advanced degrees, they instead look at trades like electrical, plumbing, auto mechanic, etc
Those kids got through school and went to vocation school or trade union hall and got the training/classes they need. They will do fine and raise a middle class family
So we are not totally screwed just yet.
And of course, we can’t forget about all the PRIVATE and home school students who are taking spots in these advanced universities as well, but just isn’t enough of them.
>>>this is a way for CEOs to make a cheap profit.
Isn’t the role of the CEO to maximize shareholder value? Or are folks here suggesting that these firms need to get woke and consider other stakeholders like their employees and the communities in which they operate?
...ah Mike Lee, another guy that really would have benefited from a few years in uniform.
Think we have to come to terms with the fact that Mormon Politicians all seem to be corporatist/globalist Un Americans.
> Isn’t the role of the CEO to maximize shareholder value?
Yes
> Or are folks here suggesting that these firms need to get woke
> and consider other stakeholders like their employees and the
> communities in which they operate?
‘Get woke’ sounds like an obnoxious, non-grammatical ebonics term to me. End of my consideration of it.
I think rather in demand and supply terms, that the fundamental assumption of demand and supply theory is that it is a closed system, meaning that the pool of consumers is (more or less) the pool of workers. If that is broken, then anything derived from the theory of demand and supply is broken.
I might be missing something (what?).
>>>I think rather in demand and supply terms, that the fundamental assumption of demand and supply theory is that it is a closed system, meaning that the pool of consumers is (more or less) the pool of workers.
Which is why corporations, looking to maximize shareholder value, promote mass immigration. A larger population means higher demand for their goods or services as well as higher supply of labor, which reduces costs.
> Which is why corporations, looking to maximize shareholder
> value, promote mass immigration. A larger population means
> higher demand for their goods or services as well as higher
> supply of labor, which reduces costs.
I agree in part. IMHO the reality differs from the classical economic model in that the lower wages paid to (imported) immigrants (artificially) keeps demand relatively constant. However, yes, the (artificial) cost reduction becomes (artificial) profit for the corporation/company.
I am using the word artificial here in an attempt to highlight the differences between classical economic theory of supply and demand and modern first world nation economies with relatively lax immigration policies from third world countries.
As another example, the EU practices the principles of free movement of goods and workers between its member nations. However, in practice, the EU is perverting the movement of workers between member nations to include importation of immigrant workers from non-member nations. So the EU corporations/companies have artificially inflated profits analogous to those in the USA.
Disclaimer, I am not an economist and I do not play one on TV. This is only my layman understanding of one way in which modern economic theory plays out in contrast to classical economic theory.
What you are saying is you are fake conservative and don't believe in free markets or the theory of supply and demand. You don't think higher wages will create incentives for more AMERICANS to get IT training. You are a fake. A cynical bastard.
There is no saving the H1B program it cannot be reformed it needs abolished.
H1B is to skilled workers what illegals are to unskilled, nothing more.
It is up to us to elect a party that promotes American labor and prosperity FOR ALL. Right now this thread proves that Republicans and Democrats are in agreement promoting and profiting from strip mining US labor and resources. How does it feel to be in "unanimous consent" with the Democrat party? Feel good does it?
Bump.
>>>It is up to us to elect a party that promotes American labor and prosperity FOR ALL. Right now this thread proves that Republicans and Democrats are in agreement promoting and profiting from strip mining US labor and resources.
Yes, look at the threads from about a month ago when the Business Roundtable suggested that corporations consider stakeholders beyond the shareholder. They got beaten up pretty good in this forum for such a suggestion.
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