Putting all else aside: if you’re an H1B holder currently outside the US you must return within 24 hours or you’re on the hook for $100k: https://bsky.app/profile/reichlinmelnick.bsky.social/post/3l... Unfathomably cruel.
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Trump to impose $100k fee for H-1B worker visas, White House says
911–920 of 1001 posts
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#912the phrase "shutting the barn door after all the horses have run off" comes immediately to mind. It's way too late to save tech in the USA, imho. It's too late for my nephew, who couldn't get a job after graduating with a CS degree in 2022 and who is not currently working in the tech field at all. And it's too late for all the lost wages for all the guys and gals my age whose incomes were artificially held down using…
I've always found it pretty easy to find a new job when I've needed one, even now there are an insane number of openings all over the US. The job market here is an order of magnitude larger then it was in Australia.
I don't doubt there is a deflationary effect on demand/wages due to h1b visas, but I don't connect at all with the catastrophic rhetoric I see in these threads. The United States still has some of the best opportunities in the world for people with tech skills
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#913I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them…
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#914Re: Trump to impose $100k fee for H-1B worker visas, White House says
#915Earlier quoted context omitted.
This is so absolutely fundamental to US strategic advantage. A huge reason we have so many unicorns is because doing business and scaling in the US is easier than EU or other places. A huge part of why the Manhattan Project was successful was also because of substantial brain drain from Europe. I think Scott Galloway wrote about this or may have popularized it.
I've read brain drain in this thread multiple times. I might agree this happened back then, but I don't know what people mean by it right now. Where is the term coming from suddenly and why is it used to uncritical?
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#916I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them…
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#917Earlier quoted context omitted.
The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…
Are we saying software engineers making $125-150k are middle class? If so, then yes this I absolutely believe this is true. These will still be high level people for the most part that will up our game in my opinion. Thats in the opinion column, hard to prove. But this fee may have a net negative impact on jobs for Americans as it will push more companies to simply outsource to these countries rather than pay more in…
I would think healthily so, even if on the upper bands [0]. I personally see "middle class" solidly as $50k-150k household income (2 adults 1 kid)... but I live in the South. Two decades ago I lived in the bay area for less than $100k (electrician)... and that was regionally closer to the lower end of "middle class," even out in Hayward.
[0] https://en.wikipedia.org/wiki/Social_class_in_the_United_Sta...
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#918Re: Trump to impose $100k fee for H-1B worker visas, White House says
#919Everyone in these threads always points out all sorts of issues with the H1B system, which are mostly true, but it's not like there's a suggestion for a replacement here. This is a de facto shutdown of the program, not a reform. I'd be happy to see a reformed skilled immigration program for the US, but this isn't it. The US makes up about 4.5% of the global population and it seems silly to think that the FAANG compan…
> The only effect this is going to have is accelerating the offshoring of jobs through more hiring in India, Europe and Canada, which is a net loss for the US. I’m honestly tired of hearing the argument “if we do X then business will move to another state or out of US”. Good riddance to the companies that flee from jurisdictions enforcing workers rights, don’t allow exploitation, etc. The most important thing is prot…
Re: Trump to impose $100k fee for H-1B worker visas, White House says
#920This is actually smart. Many H1B visas are used to undermine fair labor wages for already local talent. We should ensure that H1B visas are for actual unique talent and not just to undercut local wages. H1B is ripe with abuse - this article by Bloomberg says that half of all H1-B visas are used by Indian staffing firms that pay significantly lower than the US laborers they are replacing: - https://www.bloomberg.com/g…
This is very short term thinking, in that it assumes a constant amount of work and ignores the global competition for labor. If the US loses its massive lead in the network effects of a large labor pool, the amount of work in the US will shrink, both by moving to other countries and less overall innovation. This is not a beneficial move for most software engineers.
The EO expires in 12 months, so, yes, it's short-term.
Maybe in a year the administration will rethink things. Maybe sooner.