Re:Judge sends two to prison for 7 years for H-1B fraud
by unclebucknasty on Monday June 06, 2016 @07:07PM
(#11851224)
>the problem is you're still operating under the same misconception that all demand is met by H1B supply (which is false)
>H1B visas are only approved for the average or above average job wage
>Hence wages are not going to go down because there is no supply for below-average wages.
Wow. This is pretty tortured logic.
OK, what I am saying is that when you increase the supply of workers in an industry, the wages in that industry will go down. Whether it's a high or low wage industry, the wages will go lower.
Until now, I haven't been speaking to the impact on wages in other industries, however, I fail to see how decreased wages in one industry would not lead to a decrease in the overall cross-industry wage average. It's simple math.
In fact, the impact of higher wage earners losing a percentage of their income would have an outsized deleterious effect on overall wages vs. lower wage workers losing that same percentage.
EDIT: You've updated your comment three or four times, and you seem to be contorting a bit. So, I will just leave my comment as-is along with the quotes from one of your previous revisions.
>H1B visas are only approved for the average or above average job wage
>Hence wages are not going to go down because there is no supply for below-average wages.
Wow. This is pretty tortured logic.
OK, what I am saying is that when you increase the supply of workers in an industry, the wages in that industry will go down. Whether it's a high or low wage industry, the wages will go lower.
Until now, I haven't been speaking to the impact on wages in other industries, however, I fail to see how decreased wages in one industry would not lead to a decrease in the overall cross-industry wage average. It's simple math.
In fact, the impact of higher wage earners losing a percentage of their income would have an outsized deleterious effect on overall wages vs. lower wage workers losing that same percentage.
EDIT: You've updated your comment three or four times, and you seem to be contorting a bit. So, I will just leave my comment as-is along with the quotes from one of your previous revisions.