No domestic workers in those fields will work for the bottom tier of $38K. That is not a skilled professional's salary. The point is to get gullible foreigners to work for peanuts with the promise of maybe winning a green card. Maybe.
For h1b they just need to prove they are paying “prevailing wage” which is sort of proxy for market wage with asterisk
The basic misunderstanding of how value and jobs are created is mind boggling to me. We should fix the H1B program because it will make us all richer and better off, including the American engineers.
The import of goods is fundamentally different than the importing of talent. Importing goods boosts the competing countries economy. Importing talent strips competing countries of their best resources. Tech talent can create basically unlimited value due to the zero marginal cost nature of software replication.
Tech adoption is now faster than ever, so there's numerous examples of Silicon Valley companies going from 0 to one of the most valuable companies in the world 5-15 years.
Stop thinking about the short term. You're going to be around for the long term, so you're only screwing over yourself.
There's a classic story that used to be told about Cambridge and Silicon Valley - both were good candidates for the tech boom but Silicon Valley won because Massachusetts allowed extremely harsh non-competes that prevented employees from freely switching jobs. The H1B visa vs. O1 visa argument is basically the exact same scenario - forcing workers to stay in specific positions hurts innovation and competitiveness. Once you're accepted into the US you should be free to participate in the labor market like everyone else.
The job market is not a zero sum game.
Because its the global market. Why should other countries allow Coke to sell in their markets and depress local soda companies? A person is just an LLC selling their goods/services. Immigration is no different to customs.
All countries are hypocrites, and everything sucks.
Your point is moot anyway since countries, including the USA, have protectionist policies.
And? Yes, we know it doesn't benefit US citizens. How many citizens filter for products made by American workers when making purchasing decisions? People want cheap shit, except when it comes to their own jobs.
If Tesla/GM are so good in this beautiful global market, they dont need no tariffs on Chinese EVs.
Zero tariffs in all imports since it is beautiful global market and competition is good and all tariffs are paid by American consumers
Because they can buy the politicians to protect their own interest. Simple as that, no mystery, case closed.
Labor needs to start voting in better politicians.
who and where they are? these so called "better" politicians?
I think we cannot vote our way out of this and only next level solutions like revolution or protest or "Luigi solution" will make labor's voice heard.
Remember, labor/working class vastly outnumber capitalist class (and have more weapons thanks to 2nd amendment) and capitalists were, are, and will always be scared to death when American labor gains class conscience and starts demanding what they are owed by the capitalist class
American Labor should never support policies that will harm labor and benefit capitalist class (at least without some negotiation).
US citizens should not support policies that will harm working class and benefit employer/capitalist class
When you grow up in an export-driven country, one thing you learn early is that high wages are bad for the economy. And when the economy is bad, it's the ordinary people who suffer the most.
You generally want to keep the labor share of GDP constant, which means that wages should grow about as fast as GDP per capita. If the wages grow faster than that in a field, it's probably bad for the economy. Especially if the field was already highly paid. Unusually high wages typically indicate low productivity (when measured in outputs per dollar). And when productivity is low, businesses that rely on the outputs of that field become less competitive. For example, if making software is more expensive in the US than in other developed countries, American businesses cannot afford to use it as much as their foreign competitors.
you can overlay in your mind chart of FAANG stock total return or VC total returns to compare returns to Capital vs wages
the article: https://aneconomicsense.org/2015/02/13/why-wages-have-stagna...
There is a reason why USA has at-will employment (to screw over labor) and import tariffs (to protect capital)
This sounds close. I think it was lowered on or near Trump's first term. It was higher during Obama, I'm recalling 185K maybe. Also, this misleading to the public because it's 85,000 new visas that can be extended 6 years I believe, so that's ~510,000 at any given time.
Considering there are around 1.5 - 3 million domestic software developers, that probably pushes down our salaries by about a third. Domestic software developers could be making around 50% more if it weren't for these policies. Imagine how much better off we'd be.
Politicians will sell their mothers for a campaign donation and they've been selling us out for decades. We need to stop buying into their distracting wedge issues and concentrate on what matters: our livelihoods.
If it's not about top talent, why not hire locally?
(I'm not implying local talent is sub-par)
This can be framed as natives having higher standards of living, or natives being lazy, depending on who you ask.
The main mistake being made here is assuming that employment is a fixed sum game. Bringing highly skilled individuals from around the world to the US promotes US growth. A study has even shown that higher H-1B denial rate results in a decrease of US positions by multinational companies. [0]
> If American Labor is subjected to unchecked global competition from global talent pool, then so should be American Capital.
I'm not sure how that follows. Protective tariffs as a response to state subsidies don't really have an equivalent for labor.
[0] https://www.americanimmigrationcouncil.org/sites/default/fil...
Just do a mental exercise: do you want your children to compete with the whole world For their first job out of college?
Look at Canada and whats happening there. Goant influx of foreigners and severe crisis in job market and housing.
Do you want to subject your kids to global competition for jobs and housing?
Is America a nation or just an economic zone for anyone to come in, work, pay taxes and consume goods ?
Next up, getting advice from Microsoft Software Developer Foundation about best Desktop OS to run.
[0]: https://www.dropbox.com/scl/fi/aevyu53k3e9nnt8d4ki8m/BGlenno...
H1B is just about specialized (skilled) professions like engineer or nurse or designer or manager.
Lottery is because of oversubscription for h1b.
Oversubscription if because of poor oversight (that leads to rampant fraud), and low number of visas that have not kept up with demand. I think it was 85000 new visas per year for several decades.
Removing fraud, improving oversight, and increasing limit will fix h1B, but there is a bigger question: Why should Americans compete with the whole world for domestic jobs?
For some reason it is considered normal to protect American Capital by imposing tariffs on foreign goods, and at the same time there are no protections for American Labor.
Anyone can come in and just apply for jobs, get work visa and steal a job from an American citizen.
If American Labor is subjected to unchecked global competition from global talent pool, then so should be American Capital. No tariffs in Chinese EVs: let American consumers buy Chinese EVs for $10,000 instead of paying Elon Musk $45,000