14 ms·
There is a big difference between selling out Americans to be replaced by foreigners whether H1-B as in Disney, Silicon Valley, and Wall Street or illegal immig
by davidf18 10y ago
There is a big difference between selling out Americans to be replaced by foreigners whether H1-B as in Disney, Silicon Valley, and Wall Street or illegal immigrants replacing working class American jobs and depressing working class jobs and what Trump is doing now with Wall Street.
If Trump were truly bought off by Goldman, he certainly would not be behind legislation that fixes the broken H1-B Visa system. Goldman, Wall Street, Silicon Valley and other firms will have to start paying market wages instead of depressed wages because of the H1-B Visa reform.
- mywittyname 10y agoIt's possible that he's trying to stick it to Silicon Valley as payback. Technology salaries are probably a drop in the bucket cost-wise compared to the profits that will be made from deregulation of the industry. So while Goldman might have to pay a few million more in salaries, it's offset by the billions more in profits that they will rake in (over the short-term, until they destroy the economy again, that is). Tech companies aren't going to see a similar measure to increase their profits to offset the labor costs increases.
- vondur 10y agoI don't think so (sticking it to SV). He was threatening to reform the H-1B visa program during his campaign.
- mywittyname 10y agoSure, but he was also blasting SV "elites" the entire time too. I mean, look at all the people that wrote this: https://shift.newco.co/an-open-letter-from-technology-sector-leaders-on-donald-trumps-candidacy-for-president-5bf734c159e4 https://shift.newco.co/an-open-letter-from-technology-sector...
- davidf18 10y agoThe SV elites were very much against him because he wanted to protect US STEM worker by fixing the broken H1-B program that stopped SV firms from hiring H1-B for depressed wages.