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Just to play devils advocate, wouldn't it eventually even out then because high demand and lower wages here would mean that other countries with a tech sector w
by okreallywtf 10y ago
Just to play devils advocate, wouldn't it eventually even out then because high demand and lower wages here would mean that other countries with a tech sector would have high wages and would then be more appealing, which would encourage H1B visa seekers to consider going elsewhere or would even lure more talent from the US overseas.
Granted, like many market-based arguments I make a lot of assumptions about how easily people can move around. Immigrating is hard and once you've immigrated successfully you may not be willing to take the risk of ending up back in the repressive regime you came from (hence, a lot of the issues we have right now) and people in the US may not be nearly as willing to leave the US and go elsewhere. But theoretically (if not in reality) more mobility and access to labor is a good thing.
- Chris2048 10y agoThis would work if all countries were equally desirable, and capable of supporting the same economy. Maybe the US is competing with Europe? But at the moment US salaries are considerably higher.