News for hackers. Stuff that matters.

A comment on H-1B visas mainly go to Indian outsourcing firms. Parent comment

Re:H-1B visas mainly go to Indian outsourcing firms by bingomad123 on Tuesday April 18, 2017 @09:32PM (#14144734)
> That's completely ignoring the fact that if you have cheaper workers

Cheaper labor is good just like cheaper raw material. Trump wants American companies to buy expensive American steel instead of cheaper Japanese or Chinese steel of same quality. This is a net loss for American economy and a state sponsored coercive benefit for the American Steel industry.

Personally it is both productive and economically beneficial to hire a SAP experience guy from Infosys instead of an American college kid who needs to be trained and who will leave in 1 year any ways. Of course I would hire the college kid for half the wage but then there is this sense of entitlement.

[ Parent | on HN ]
Re:H-1B visas mainly go to Indian outsourcing firms by throwaway2048 on Tuesday April 18, 2017 @09:44PM (#14144808)
cheaper labour is good for those who own capital, not the people providing labour.
[ Parent | on HN ]
Re:H-1B visas mainly go to Indian outsourcing firms by s73ver on Wednesday April 19, 2017 @01:34PM (#14149766)
"Cheaper labor is good"

Not for the vast majority of Americans who's only source of income is selling their labor (physical, creative, intellectual, etc).

[ Parent | on HN ]
Re:H-1B visas mainly go to Indian outsourcing firms by bingomad123 on Wednesday April 19, 2017 @05:17PM (#14151862)
Lookup https://en.wikipedia.org/wiki/Lump_of_labour_fallacy
[ Parent | on HN ]