Tuesday, December 29, 2015
Twenty-Five Years of Helping Foreigners Take American Jobs | PJ Media
Ian Smith sums up his well written explanation of the H-1B guestworker program with this:
"The 1990 act cemented in place the corporatization of our immigration system, producing disastrous externalities ever since. Cutting wages by artificially expanding the labor supply increases private wealth at the public’s expense, acting like a highly regressive tax on the lower and middle classes.
Two and a half decades of this 'immigration tax' has doubtlessly attributed to today’s growing income inequality with over half the nation now earning less than $30,000 a year. What will we be the state of American labor if we let the immigration status quo persist for another 25 years? For the American worker and our tech professionals in particular, true reform of our immigration system cannot wait."