KaiserJeep wrote:careinke wrote:So I will stick with my original position. It seems remarkably similar to Trumps position, but my conclusion was made pre Trump. I did know about his suggestion that if companies hired Tech people because they could not find citizens qualified to do the job, they should pay them twice the going US rate.
That's not how it works here in the silly valley. M
Companies lobby for more H1B visas so they can hire cheaper labor than US citizens. Then these folks come here, live six people per pricey Silly Valley bedroom, real estate being so costly, and yet they STILL end up with better overall living conditions than in most countries, but we end up with many senior US citizens (like me for example) unemployed or retired early.
YES, it does happen.
Yes I know. That's why his suggestion would encourage the tech companies to hire Americans first. I would be willing to bet you would see the tech companies setting up their own tech schools to give Americans the skills they need. They are already doing some of this, but charging twice the US labor rate for 401b's would certainly encourage more of it. And the truly remarkable 401b's would be paid appropriately.