An H1B Redux?
Over at a financial forum... Following up on our Tim Cook Nattering's...
BioDieselChris: "those invisible lines hat have been drawn haphazardly around the globe apply to people, not to capital. If you want to be worth $20B are you going to hire assembly technicians in the US for $3200 a month (Working 40 hours) or Chinese making $320 (working 60 hours)? It's simple math, and segregation, of course, the value the foreign workers add can get shipped here but they cannot. Manipulating this simple fact is why Mr. Cook and the Walmarts can possess $150B among the 6 of them, and 1B people possess nothing."
We Nattered: They get as many of them here as they possibly can. It's called H1B Visa which Sillycon Valley has used for decades to avoid paying higher wages to engineers, programmers, etc. All the while claiming "shortages" in our talent pool as those with Masters and Phd's, over age of 40, sit under and unemployed. LIARS and TURNCOATS, nothing more, nothing less. I understand the labor value add for the turncoat outsourcers, the simple math for them is all too complicated for the rest of us. As I would debate the "value those foreign workers add" based on the societal costs we have paid on the turncoats behalf. .
BioDiesel: "Manipulating this simple fact is why Mr. Cook and the Walmarts can possess $150B among the 6 of them, and 1B people possess nothing."
We Nattered: And there you have it. The time will come when the pendulum swings back the other way, until then, this is what we have.
Gerryf: Nat, You were right on yesterday in your Tirade about H1B Visa. Decades ago in Maine they imported janitors and waitresses from the Eastern Bloc countries saying they could not American workers to fill the jobs. We in the business knew the correct reason was they could not get workers for $6 an hour to do the jobs and at that rate put up with split shifts! At that time good American workers in Maine for those jobs were paid $10 per hour and available!
We Nattered: Thanks for the affirmation. The ubiquitous "they" have done it in engineering, IT and nursing amongst other industries. The "trade" schools all advertise great opportunity in this (fill in the blank) industry, by the time students who bite put in the seat time to get the cert, wages are down, no openings, full up with cheap H1B's, due to a shortage of domestic talent. Funny how that works.
Please don't let me be misunderstood, From H1B Visa Fraud II… We do need foreign talent, there is no doubt of that. I appreciate the fact that we can attract and keep the best and brightest, that’s what made this country in the first place.
Anyone who wants to make a better life should be welcome here, and is, through the normal immigration process. Take a number, get in line or think outside the box, like most everyone else did.
This is not an issue of xenophobia, nationalism or protectionism, it’s about right and wrong. There is a social obligation to first, utilize our existing talent base and if necessary retrain and educate domestically to fill the need.
If you want the facts, try this library on the subject for size but first, visit this portent of the future from 1998.
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