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If you want the government to enforce the law fine; but that’s a different argument. If I assume that is true, should we see evidence of reduced wages for the p
by digitaltrees 8y ago
If you want the government to enforce the law fine; but that’s a different argument. If I assume that is true, should we see evidence of reduced wages for the positions that H1B candidates are hired for? Happy to change my mind in the face of such evidence but everything I have seen indicates that wages of skilled employees is increasing.
Companies don’t push the cost of H1B processing to other candidates because those candidates aren’t suitable for the job. My point is that it’s hard to argue that employers are hiring H1B immigrants to depress wages when they cost more than the equivalent domestic employee would; assuming there were such a candidate.
Your argument that more people coming to an area puts downward pressure on wages isn’t consistent with domestic migration. Americans move internally all the time. If you look at the fastest growing cities or states, their wages aren’t dropping as more people move in. In fact the increasing population drives inflation as more people bid for housing and food etc, and that inflation flows through to wages as employees demand higher salaries to cover the cost of living.
I don’t see anyone arguing that people from Ohio or Alabama shouldn’t be allowed to move to NYC because they will lower wages for New Yorkers.
We live in an economy that is based on growth; a growing population (even if through immigration) can in fact drive economic growth.
To be clear I am not saying immigration always promotes growth or is always good. There are challenges. But I thing the gut reaction that it costs locals jobs and lowers wages is nonsense when you look at the evidence, and accurately model the economy.
- lovich 8y agoIncreased supply puts a downward pressure on price. That is basic economics. If demand is still growing price can go up, just not as fast as it would have without the increased supply. No one is arguing that people from Ohio or Alabama shouldn't be allowed to move to NYC because those people are still allowed to move around. The H1b visa ties workers to companies and gets rid of the free part of the free market. I don't care that immigrants come in and work if we don't have the people to do the job here. I care that companies are lying about how hard they looked or the wage they pay, and then getting indentured servants. The companies are extracting value from society without giving back.