Backlash stirs in US against foreign worker visas http://finance.yahoo.com/news/backlash-stirs-us-against-foreign-worker-visas-135208422--finance.html
This is what unregulated capitalism looks like: outsourced jobs while qualified Americans go without work they're perfectly trained for.
If someone is really skilled worker, programmer, ... he/she will have always plenty of work. Soooo, are you socialists guys? I thought that traders are focused on results, cost effectivity and stuff like that...
No. Why would a US company hire American employee A for $100.000 a year rather than employee B from country XYZ for only $20.000 a year (both workers being equally qualified)? Why would you buy a pack of cigarettes for $12 in the US when you could buy the same exact pack for $2 elsewhere in the world? Supply and demand, unfortunately. We no longer live in a specific country but in a big village called Earth.
Suppose the shortage argument is false, and the real reason is paying less. Wouldn't the difference have to be substantial to justify the hiring from abroad, integration into the company and so on? If the difference is substantial, what qualities do the locals possess to command a premium in the job market? Are laws supposed to protect American workers from competition from abroad, but not supposed to protect US employers from paying too much for workforce?