"MORE TECHNOLOGY LESS FINANCIAL GRADS"
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Your point on the influx of cheap imigrant technical labor impacting our own labor force is on the mark. It's just another link in the chain that chokes off our economy. But,perhaps more engineering college graduates hired at an entree level wage could offset this foreign run on our technical hiring by USA companies.
Suggest you blog your good ideas on the US government's lack of restriction on visas of technical immigrants. Maybe Bill Gates, with all his dollar clout is influencing a few officials to allow this cheap tech labor into America. One other point...Companies get rid of good technical folks who reach a salary/age where the costs of their benefits and salaries reach too high and sadly they're replaced by the less expensive foreign technician or engineer.
Best to you, Linda
Thanks for your blog about technology. You are so right about the importance of technology, but we have to do something to stop rewarding corporations for replacing American technology workers with cheaper labor.
One of the reasons American students are shunning the tech fields is because non-immigrant work visas are being used to import foreign tech workers who are then paid less than the Americans.
American employers want cheap labor. Off-shoring and the H-1B work
visa allow them to have it.
Despite the cries of the shortage shouters who complain that Americans
are too lazy or too stupid to learn tech, there are plenty of American
tech workers who are unemployed thanks to non-immigrant work visas.
Like the majority of Americans, I used to believe it was illegal to
import cheaper labor on work visas to take American jobs. It is not. I have this in writing from the US Department of Labor. My husband and his co-workers lost their computer programming jobs to
programmers brought in from India on work visas. The Americans had to
train their replacements in order to receive severance. We discovered
from the LCA sheets that the Indian programmers were earning about half
what the Americans had been earning.
At that time, I naively believed that our elected officials cared
about this country and the American workers who made it great. After
numerous calls and letters to Washington, D.C., I admitted the sad
truth: They've sold us out to the highest bidder. Their collective
response to my contacts was, "Americans need training and education."
My husband has training and education. He still lost his job to cheaper imported labor. The shortage shouters also complain that if we
don't open wide the doors via non-immigrant work visas such as the H-1B and L-1, the employers will just off-shore the jobs. What kind of
threat is that, when the result is the same? Either the employer
imports a worker for the American to train, or they send the job
overseas. Same result: Americans with no jobs.
A couple of years ago I read an article about a former American programmer
who lost his job, couldn't find another and finally became an
entrepreneur -- he started his very own dog waste removal business.
Meanwhile, cheaper foreign labor has his former job.
In an act of sheer frustration I wrote my novel Jobless Recovery (it's about American job losses due to greed). All this Wall Street stuff is a direct result of Wall Street, our government, and corporations teaming up to enrich themselves at the expense of ordinary working Americans. One of the ways they do that is by hiring cheap, compliant labor and putting Americans in the unemployment line.
By the way, I happen to believe it is unconscionable for American
corporations to expect Americans to fight and die in the U.S. military
to protect their interests when they won't hire Americans to work for
Take care, Bill.
On the nail Bill. The US is set to become a technological backwater over the next 20 years or less.