Re:U.S. Changes Visa Process for High-Skilled Workers
by joshe on Thursday January 31, 2019 @12:20AM
(#19042565)
GDP per capita is $59,531. So .1-.3% of that is $60-179. For every man, woman, and child in the United States. $19-58 billion per year. This is value created, money from thin air, you don't have to tax anyone to give $120 to everyone in the United States every single year.
If you know something else that good, you should let us all know. Economists and policy makers scrounge around for stuff that's not a tenth as good as that. 333-1000 things this size make up every single dollar anyone in the United States has ever had. That's all the light bulbs, car makers, services and food you've ever seen.
GDP is the perfect thing to look at, it's our national income.
Re:U.S. Changes Visa Process for High-Skilled Workers
by tomjakubowski on Thursday January 31, 2019 @01:16AM
(#19042809)
It averages to $X of value per head, sure. Does the median head actually capture value worth anything close to $X?
Re:U.S. Changes Visa Process for High-Skilled Workers
by isostatic on Thursday January 31, 2019 @05:18AM
(#19043756)
The U.S. has a funny policy of not redistributing the gains of society.
Why not instigate a universal basic income of say 5% of GDP, or $3k a year.
That gives everyone an incentive to have GDP increase, rather than just the wealthiest.
Re:U.S. Changes Visa Process for High-Skilled Workers
by Shaanie on Thursday January 31, 2019 @02:50AM
(#19043192)
That's all well and good if you're the physical manifest of your country. Most people tend to think about whether it's good for themselves, though. Does an increased GDP "trickle down" to the worker?
Re:U.S. Changes Visa Process for High-Skilled Workers
by Firadeoclus on Thursday January 31, 2019 @06:36AM
(#19044071)
GDP measures paid activity but not wellbeing, i.e. "value".
That is $50-150 per year for a household with a median income. It's not an astonishingly large benefit.
And the GDP is entirely the wrong thing to look at. In the last two decades the U.S. has roughly doubled its GDP while the median household income hasn't increased at all. Nobody really doubts that bringing in immigrants skilled or otherwise will make the economy larger. It's more about who benefits. If you're the guy that runs the business using all of this immigrant labor you do great. If you're the guy competing with immigrants for jobs you don't do great.
>That's the section where they acknowledge that, yes, people lose jobs to immigrants. They go on to say that actually more people gain jobs at higher wages because of immigrants.
>There's a section on high tech jobs to read too, take a look.
All I see is a quote from Bill Gates and misleading statistics. Nothing that indicates that more Americans work in high tech fields at higher wages due to immigrants.
>And hey, when have you ever known software to not create the need for more software :0)
Which you hire more Indians to write...