It's Econ 101. However US population not producing enough STEM workers. Companies need H-1B wrkrs to maintain advantage in tech & innov
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Foreign employees provide leveraged access to foreign markets and we are not taking about McDonald's here, America is not hurt by this.
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America is absolutely hurt by this and that you cannot see what is plain as day is startling
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Yes it is, no it isn't, yes it is, no it isn't ... A compelling argument, but try explaining your position?
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no matter the access to foreign markets, you cannot argue that suppressed wages for Americans is beneficial
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Market forces slightly affecting income in any sector does not "hurt" America. Average income in Tech Sector?
End of conversation
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not to mention this basic fact alone is why the 100+ tech companies do not like closer controls on H1-B's;god forbid they hire American
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basic element of economics - shorter supply = increased cost; didn't need this article to point out such fundamentals
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.Pls. survey the people who were replaced. What were their positions & duties? Were they laid off due to lack of skills or ___ ?
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But +5.1% higher wage cannot create millions of jobs in other sectors, billions in tax revenue, billions in visa fees that H1B does!
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Absent H-1B, these jobs would be outsourced to another country, losing on tax revenues and the multiplier effect of $$ spent in the US?
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despite of rigorous Labor Condition Application requirements by Department of Labor? Wonder why.
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Bringing educated skilled workers who pay taxes and assimilate is not a problem. The problems are the uneducated welfare queens.
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unemployment rate in Tech in big markets is <0.1%. We need skilled people here. Downstream effect of projects not stalling is a + for Econ.
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very true - lived thru that
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yes I agree I wrote code for computers for 50yrs that program cost me a lot of money
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yep a lot of people don't know about this, and guess who gets the jobs. Usually not Americans
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All supply of labor lowers demand and lowers wages.
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