While I favor stronger restrictions on bringing in the cheaper foreign labor, it really won’t accomplish much since the big tech companies can easily and fairly cheaply move the jobs to India or China or some other third world country.
“While I favor stronger restrictions on bringing in the cheaper foreign labor, it really wont accomplish much since the big tech companies can easily and fairly cheaply move the jobs to India or China or some other third world country.”
Then let them. It ain’t the financial benefit, which is why they moved back here. That, and we can stop the importation of said software.
Then put tariffs on their stuff! Problem solved.
I know State Street Bank some years back moved a huge portion of their IT development to Hangzhou, China. Many others are eager to do the same.
If that is their intent it is better for them to follow the labor they want rather than vice versa.
Somewhat. A bunch of companies have discovered how horribly inefficient and ultimately destructive to business offshoring is. Get rid of H1B, and you really are putting a big dent in this crap.