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Become a Fan -- Page 3 of 3 page(s)
· Increases the 65,000 visa cap to 115,000 a 60% hike.
· Requires an automatic 20% annual hike in the new cap whenever the visas are exhausted, thus establishing a new annual cap for each successive year.
· Adds another open-ended exemption from the cap for any foreign national that has an advanced degree in science, technology, engineering or math from anywhere on the planet.
Within a year over 600,000 new foreign professionals could flood the U.S. market, the resulting in serious economic harm on highly skilled, well-educated American workers.
The transfer of high wage IT U.S. jobs to lower cost foreign workers via offshoring and H-1B visas is currently contributing to unprecedented levels of unemployment among American electrical, electronics and computer engineers. Offshoring and H-1B visas also pose a very serious, long-term challenge to the nation's leadership in technology and innovation, its economic prosperity, and its military and homeland security.
Again, I ask; Why would parents encourage their children to take extra math and science in high school and then risk taking massive loans to send them to college for a technical degree when it looks like the corporate and government systems are rigged against them getting a technology job upon graduation? Where is the ROI in that?
Become a Fan -- Page 3 of 3 page(s)
· Requires an automatic 20% annual hike in the new cap whenever the visas are exhausted, thus establishing a new annual cap for each successive year.
· Adds another open-ended exemption from the cap for any foreign national that has an advanced degree in science, technology, engineering or math from anywhere on the planet.
Within a year over 600,000 new foreign professionals could flood the U.S. market, the resulting in serious economic harm on highly skilled, well-educated American workers.
The transfer of high wage IT U.S. jobs to lower cost foreign workers via offshoring and H-1B visas is currently contributing to unprecedented levels of unemployment among American electrical, electronics and computer engineers. Offshoring and H-1B visas also pose a very serious, long-term challenge to the nation's leadership in technology and innovation, its economic prosperity, and its military and homeland security.
Again, I ask; Why would parents encourage their children to take extra math and science in high school and then risk taking massive loans to send them to college for a technical degree when it looks like the corporate and government systems are rigged against them getting a technology job upon graduation? Where is the ROI in that?
Bachelors of Science Degree in Computer Science and Business Administration with 25 years of experience working in the Independent Software Vendor Industry.
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Unemployment is good for Wall St. isn't it?
by Mark Sashine on Thursday, May 25, 2006 at 3:20:30 PM
A Washington Post article on the Immigration Bill
by Runner on Thursday, May 25, 2006 at 10:09:35 PM