Posted on 04/29/2009 6:49:17 AM PDT by seatrout
Large corporations prefer to use H-1B visas to hire foreign engineers and computer technicians. H-1B workers increased threefold during the Clinton administration, and CEOs are constantly demanding that the number be raised or even unlimited.
Large corporations prefer H-1B foreigners because they work for lower wages with fewer rights. A recent study by researchers at top business schools reported that H-1B visas depress wages for software engineers and programmers by as much as 6 percent.
The cumulative effect, as described by another study, depresses wages even more. Many U.S. engineers even lost their jobs just after they were required to train their foreign replacements.
The Americans hardest hit by H-1B visas, according to these researchers, are recent college graduates and those who want to change jobs. One of the reasons why big corporations prefer to hire H-1Bers is that foreign workers are restrained, almost like indentured servants, from changing jobs and competing with their original employer.
Americans used indentured services in the 1600s when plantation workers were brought to Virginia to work for seven years in exchange for a free voyage to the New World. Later, this practice was supplanted by African slavery.
That's certainly not a model to imitate today. H-1B visas disrupt the free enterprise system that has yielded tremendous wealth to America and the world.
(Excerpt) Read more at humanevents.com ...
bwahhhahahaa....
That’s odd. When I pull an inquiry on “reese”, I get someone who has never posted.
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