Yeah? How about a 30% cut, all your benefits, and a clause in your employment contract where you lose your apartment (wherever it may be) when you quit?
That 6% number --- which is misleading on its face --- also ignores the fact that many H1Bs are FTEs for body shop firms that lease them to big companies.
What a fatuous comment. Automobiles didn't themselves lock foreign workers into abusive contracts. H1-B worker visas aren't an evolution of the market; visa and foreign labor terms and conditions are as old as foreign relations.
that's a reason why abusive contracts are bad, not a reason why allowing foreign workers into the united states is bad.
we should allow more foreign workers into the united states for the same reason we should let automobiles overtake horse and buggy - it's more efficient.
You're arguing with a straw man. Nobody is arguing that foreign workers shouldn't be allowed into the country.
It's a market inefficiency for companies to be allowed to "capture" employees and artificially suppress their wages by keeping them off the open employment market under threat of deportation.
I don't understand your assertion -- the deportation thing is BS, but working conditions seem to be favorable enough that people are willing to leave their families behind and work in the USA.
I don't really want to argue about immigration on here. Suffice it to say I welcome any skilled people who want to contribute to the GDP and body of technical expertise in my country.
The point I was hoping to make is that even if a glut of talent depresses salaries it's worth it in order to stay globally competetive.
It's impossible to extract the deportation thing from the debate. If immigrants were working on a level playing field with natives, this would just be about xenophobia and protectionism. But they aren't. They work under unfair terms that depress their wages and, by extension, the wages of the entire field.
It's not simply that a Bulgarian or Thai developer will do the same job for less money; it's that the system is rigged so that they essentially have to work for less money.
That 6% number --- which is misleading on its face --- also ignores the fact that many H1Bs are FTEs for body shop firms that lease them to big companies.