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Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

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Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#351

Post by rhapsodic »

Apocryphon wrote: post #327
rhapsodic wrote: post #307

Earlier quoted context omitted.

>I'm just confused as to what you actually want to see happen to the SV bully-boys. I'd love to see the value of their businesses destroyed through zealous over-regulation. I'd love to see the IRS target them for audits the way Obama's IRS targeted conservative groups. I'd love for them to be criminally prosecuted, and -- dare I dream? -- jailed for any violations of the tax code that might be uncovered. That would w…

The problem is, the GOP's rhetoric is free markets, but their reality is crony capitalism. If they were serious about illegal immigration, they would go after the American employers and corporations that exploit illegal labor, first. You are right that politics is a war and ideologies are shouted but policies belie them to be empty promises. It is ironic that a libertarian is cheering on a protectionist administratio…

>The problem is, the GOP's rhetoric is free markets, but their reality is crony capitalism.

I agree with every part of that statement except "the problem is."

>It is ironic that a libertarian is cheering on a protectionist administration to attack economically libertarian/neoliberal corporations (in the SV mold - https://en.wikipedia.org/wiki/The_Californian_Ideology) who are aligned with a center-left liberal/socially liberal party.

These people are only libertarian when it benefits them personally. And now, because of that, so am I.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#352

Post by Akkuma »

nostrademons wrote: post #304
mcguire wrote: post #178

Earlier quoted context omitted.

If you start out making much less than other candidates, even after many years of CoL raises you will still be making less. Source: drastically underpaid for my experience because I was an idiot.

At one of the big Silicon Valley tech companies? Google at least has a policy that promotions & annual raises normalize to level-defined salary bands, i.e. if you have a higher salary coming in relative to your coworkers of equal skill, you will get smaller raises until your salaries equalize.

Google also had artificially lower salary bands by colluding with other tech companies to not fight for talent.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#354

Post by r00fus »

IgorPartola wrote: post #305
klipt wrote: post #298

Earlier quoted context omitted.

> Clinton accepted $675,000 from Goldman for 3 talks Okay, I get it, Clinton bad etc. But Trump has appointed tons of people from Goldman to his administration[1] and filed an executive order against financial industry regulations[2] - you know the regulations put in place after the last Wall Street crash, to prevent a similar crash? Can we stop pretending that Trump isn't bought off by Goldman now? [1] http://www.ny…

Not a Trump fan at all here, but technically I think it's more the other way around. Trump is buying up Goldman, rather than they buying him. I have yet to see a clear line of influence from Goldman to Trump personally. It seems more like he's hiring old buddies for potential future favors from them. Reverse lobbying! You heard it here first!

Corruption is by association, not direction. So Trump's involvement with Goldman at all is indication of a quid-pro-quo that stinks of corruption.

Trump may be right about H1Bs, but he's knee deep in corruptive patterns. The details will come out when those "old buddies" start doing their "former" businesses huge favors.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#355

Post by Apocryphon »

rhapsodic wrote: post #351
Apocryphon wrote: post #327

Earlier quoted context omitted.

The problem is, the GOP's rhetoric is free markets, but their reality is crony capitalism. If they were serious about illegal immigration, they would go after the American employers and corporations that exploit illegal labor, first. You are right that politics is a war and ideologies are shouted but policies belie them to be empty promises. It is ironic that a libertarian is cheering on a protectionist administratio…

>The problem is, the GOP's rhetoric is free markets, but their reality is crony capitalism. I agree with every part of that statement except "the problem is." >It is ironic that a libertarian is cheering on a protectionist administration to attack economically libertarian/neoliberal corporations (in the SV mold - https://en.wikipedia.org/wiki/The_Californian_Ideology ) who are aligned with a center-left liberal/socia…

Capital vs. labor divisions amongst libertarianism! The Marxists would have a field day, if only they could appreciate the irony of the situation.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#356

Post by kofejnik »

BrooklynRage wrote: post #313
mseebach wrote: post #310

Every time the topic comes up, I wonder how many of the HN'ers who are cross at H-1B workers because they are depressing wages are intellectually consistent (and honest) enough to accept that this position is part and parcel of the same system of nationalist thought that leads to a wall to Mexico and steeply increased tariffs on chinese import; of "America First"? If you find yourself reconciling the idea of protecti…

Protecting against wage competition for H-1Bs: More money for me (U.S. citizen / permanent resident tech worker). In favor of free trade: Cheaper goods for me. It all boils down to "which collection of policies help me maximize my stuff?" Most people seem to take a more pragmatic approach, valuing tangible things over intellectual consistency.

or maybe intellectual consistency inevitably leads to maximising value for oneself

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#357

Post by Nano2rad »

Indian companies start subsidiaries in US so that they can send invitation to workers in India so they get H-1b visa. The companies requesting H-1b visas have to be American, Indian companies or companies working for contract to US companies should not be allowed to request H1-b visas. THe US IT workers also have to change; they have to accept some work will be outsourced and their job is now more like participating and controlling outsourcing for their employer.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#358

Post by nostrebored »

ryandrake wrote: post #110
lowbloodsugar wrote: post #81

Earlier quoted context omitted.

There is a luxury yacht shortage. I say this because I want to run a luxury yacht business and I'm unable to buy a luxury yacht for the $10 that I have in my pocket. There is a Ferrari shortage because I want to start a "Uber With Ferraris" business, and I'm unable to buy a Ferrari with the $10 that I have in my pocket. There is a developer shortage because I want to start a software business and I am unable to buy a…

Thank you. The supply of employees is only constrained by employers' willingness to pay. At the current prevailing wages, supply is not meeting demand. This does not necessarily mean there is a shortage.

I know tons of people my age who wanted to go into computer science. They failed out, lacked the dedication it took to make up for missing skills, etc.

The wages are making people try, but the field is difficult.

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#359

Post by [deleted] »

ryandrake wrote: post #110
lowbloodsugar wrote: post #81

Earlier quoted context omitted.

There is a luxury yacht shortage. I say this because I want to run a luxury yacht business and I'm unable to buy a luxury yacht for the $10 that I have in my pocket. There is a Ferrari shortage because I want to start a "Uber With Ferraris" business, and I'm unable to buy a Ferrari with the $10 that I have in my pocket. There is a developer shortage because I want to start a software business and I am unable to buy a…

Thank you. The supply of employees is only constrained by employers' willingness to pay. At the current prevailing wages, supply is not meeting demand. This does not necessarily mean there is a shortage.

[deleted]

Re: Trump Is Right: Silicon Valley Using H-1B Visas to Pay Low Wages to Immigrants

#360

Post by yuhong »

d--b wrote: post #60
program_whiz wrote: post #34

Ok what's the suprise here? If you give companies a chance to get cheaper "mostly the same" labor without a downside, or maybe with the upside they can't leave, they're going to take it. That's why I do believe globalization and the availability of huge amounts of cheap unregulated labor does hurt American jobs and industry. Its not xenophobia, its just common sense. I think if you look past any ideas of racism, xeno…

It's not obvious at all. Shipping lower skilled jobs to other countries mean higher margins for US companies. Which is good in itself for the US economy. Buying manufacturing from other countries means it's easier to sell stuff to them as well, which is also good to US economy. The fact is that the US has a very good overall economy, so maybe one has to look at the issue of redistribution of wealth for instance. Econ…

I think the basic idea is that the economy has operated on credit since the 1970s, with both a budget and a trade deficit. The idea is that debt increases over time, and obviously they want to get as much as possible of the extra debt. That is why higher profit margins are good for the US economy.
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