Posted on 10/01/2003 9:39:39 AM PDT by 11th_VA
MUMBAI: The annual cap for H-1B visas will now be 65,000. This is a sharp drop from the earlier limit of 195,000 visas.
The US plans to enforce this rule from October 1, 2003.
The Indian IT industry has been lobbying hard to freeze H-1B visa limits at current levels. However, these efforts which had the support of some US corporations to retain H-1B visa limits have failed. (Will Europe be the next big hunting ground for Indian IT pros?)
Indian IT professionals are among the largest users of H-1B visas, as US Big Tech shops big from this technical pool. The H1-B visa cap was raised to 195,000 in 02. This particular legislation had a 'sunset' clause. According to this clause, the limit would have (automatically) lapsed on October 1, 2003. Ergo, the H1-B visa annual cap will now fall back to 65,000 visas.
The H1-B visa issue has generated a lot of controversy in the US. Several trade unions representing (local) technology workers have been lobbying against these work permits. The slowdown in the high-tech industry combined with an overall drop in US economic growth has resulted in a number of job losses.
H1-B visa users have been at the receiving end of criticism from unemployed American professionals for taking away their jobs. These visa users are also seen as representative of the trend towards offshore outsourcing trade jargon for moving to cheaper locations like India which is also under flak for spiriting away US jobs.
The visa was created in the early 1950s to give skilled foreign workers a permit to reside in the United States. The H1-B category was added in 1990 to give foreign workers an opportunity to pick up a job with the intention of remaining permanently in the United States.
In 1999, under pressure from high-tech companies and other manufacturers, Congress expanded the limit from 65,000 to 115,000. It raised the cap again to 215,000 in 00 and to 195,000 in 01 and 02.
Top Indian companies have been curtailing the use of H1-B visas for sending employees to the US. Ergo, it unlikely that the offshore outsourcing trend will be affected. Most companies have shifted to the use of L-1 visas (used for intra-company transfers). However, companies whose basic revenue model is supplying manpower to US corporations, ( body-shoppers, are likely to be hit by this move.
You don't have many friends, do you?
Anyone, why were Messenger2004's posts pulled? Has he/she been banned?
I think it was voluntary. He or she seemed to have some serious inside-the-beltway connections, then revealed where he or she lived and the last name. Might have thought the better of it and asked for a nuking.
None of my statements were socialist. I've offered no support for any type of federal action whatsoever. You support the use of Hb-1 workers which is only possible if the federal government grants companies permission to do so and then you claim that telling the federal government to quit is socialist.
You are willing to trade 100 manufacturing jobs for 200 jobs as a stockman at wal-mart? Where is the benefit to capitalism in that? Are automakers better off for selling 200 Escorts rather than 100 Cadillacs?
After calling me a socialist you still haven't made one statement on the role of a capitalist employee. I don't think you grasp the concept and until you do you will continue to be dismissed by the socialist who think you represent everything evil about capitalist and the true capitalist who think you are giving them a bad name.
As for your last point, I'm not sure that selling all of our business interests to the Chinese is a basic principle of capitalism either
OK, fine... we both are against federal government intervention. So here's the deal: we end the H1-B program completely and let anyone from India who would like to move here to do so. No restrictions on businesses, no federal government telling Americans who they can and can't hire, no federal H1-B programs. Would that be OK with you?
So Cuba is a national security threat, but China is not.
You are nucking futz.
What in the world does this mean? Is there some difference in an employee willing to do a job for $20,000 and one who won't do the same job for less than $50,000? What does it matter who is doing the job? "Capitalist employees" and "Capitalist owners" are just stupid terms you've created to excuse what you support here: federal restrictions on who businesses can hire to work for them.
No, Texas_Fraud, that would not be okay. That would be tantamount to erasing our borders, and I know Globalist Boy (you) would love that, but we Murricans just won't permit it.
Lose the gov't intervention (H-1B) but we ain't erasing our borders.
It would be without the embargo against it. I support the one against North Korea as well. What you support towards China would literally cost millions of Americans jobs, do nothing to weaken China's Communist Party, and be a total disaster. Do you run your own business, Laz? Do you ever wonder why?
Nor do I support erasing our borders. But I do support economic freedom for Americans which you do not. You're also a raging racist against Asians as you've demonstrated repeatedly here. Like I say, I'd love to know what the Georgians working near you think of this angry, racist, Yankee working next to them. How much you want to bet a lot of them hate you? Man... I'd love to know. Oh well.
A capitalist worker has the responsibility of remaining employable, but a capitalist employer realizes that his best asset is a productive worker who is able, not only to produce, but has the means to consume. Employing outside of the capitalist system means the employee is no longer a consumer.
So why don't you just push for them to allow 5 million H1-Bs or whatever? What would the difference be?
One study is not multiple studies. It is one study that waxs biased from the start and reached a predetermined conclusion. It is available via the Cato institute and the Steel consumer's group and really should be read to get an understanding of regression analysis.
Too bad the Texas_Fraud never really took the time to read it. I am sorry I do not have the study handy as a link becuase I would post it and even quote it for its own discrediting. the take a simple number of the jobs at risk with no tariffs in the Steel Industry and only in the steel industry and they minimize taht to compare against using all kinds of multipliers for those jobs supposedly lost in the Steel consuming industries. They also factor in potential future exports from teh lowered price of steel. They presume some direct job losses from pre existing moves of factories offshore. It really is inbteresting how they came to their conclusion but if we forego all those criticisms and just look at the math it is still faulty becuase of the failure to use the same techniques for both sides.
Of course Texsas_Dawg is a liar who hads yet to do more than post the same study multiple times.
Yeah! There's a contry to be feared!!!
BBBBWWWWWAAAAHAHHAHHAHHHAHAHAH!!!! Yes, Cuba with the old Soviet Pauk class coast-guard-style ships, the 1970's era Mig-23's.... You are really an idiot, you know that???
I support the one against North Korea as well.
Helll LOOOO sparky -- they've got nukes. Not comparable.
What you support towards China would literally cost millions of Americans jobs, do nothing to weaken China's Communist Party, and be a total disaster.
What exactly do I support towards China, my Chinese friend? It always returns to China, doesn't it, for you. No, you're not Chinese. Not even slightly. Well, except for your nationality.
Do you run your own business, Laz? Do you ever wonder why?
As a matter of fact, jerk -- I will be, shortly. :o)
Quick with the one liner and always sloppy with facts.
Yeah, you like national borders, as long as unlimited immigration can occur willy-nilly and without any thought to national borders.
You really are a complete moron. Do you even read what you post? Do you have any idea how ridiculous you look?
You're also a raging racist against Asians as you've demonstrated repeatedly here.
Texas_Fraud strikes again. Post the quote where I say racist things about Chinese. And the word 'Chinaman' is not racist, as far as I know, s'ya can't use that.
Like I say, I'd love to know what the Georgians working near you think of this angry, racist, Yankee working next to them. How much you want to bet a lot of them hate you? Man... I'd love to know. Oh well.
I'd like to know what a supposed stock broker is doing posting 80 messages or more in the trading day (9-4 EST) when you might have been calling or emailing clients!
Yeah, yer a broker alright.
Broker than me, anyways.
And the reason? Let me guess. 'Cause they eat Chinese dogs there, isn't it?
Mmmmmmmmmmmm... dawg!
They will do my job for less than 1/3 of what I am paid because they are from 3rd world pest holes.
I will be willing to work for 1/3 of what I do now once America is a third world pest hole.
Is that what you want?
Of course, once I'm working for 1/3 of what I make now, so will you. Hope you weren't attached to indoor plumbing...
Of course, I work in Defense. Do you want wogs from India, Pakistan and Malaysia doing my job in National Defense?
I didn't think so.
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