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A comment on Trump administration announces overhaul of H1B visa program requiring higher pay. Parent comment

Re:Trump administration announces overhaul of H1B visa progr... by mikewarot on Tuesday October 06, 2020 @09:55PM (#24704549)
Does this mean the US needs way more CEOs and Board Members than it has, and the sky-high compensation packages are evidence of this as well?

No, programmers are underpaid, deliberately. We just had a story all about it. https://news.ycombinator.com/item?id=24689582

It has been suggested by Eric Weinstein that the H1B visa was deliberately designed to cap wages of PhDs... this is a side-effect.

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Re:Trump administration announces overhaul of H1B visa progr... by andrewmutz on Tuesday October 06, 2020 @10:34PM (#24704787)
Sky-high executive compensation is absolutely a sign that the US needs way more competent executives.

Restricting the supply of software engineers to the US will help software engineers at the expense of everyone else.

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Re:Trump administration announces overhaul of H1B visa progr... by mikewarot on Tuesday October 06, 2020 @11:03PM (#24704923)
We just need to give the money to the people who actually create value, and the imbalance will sort itself out. Fair market capitalism is way better than the "Free" market.
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