H-1B visa programme hurts America: Ron Hira

Discussion in 'Economics' started by hippie, May 21, 2011.

  1. The restrictions on labor should be identical to the restrictions on capital. If capital can flow freely across borders, labor must be able to as well.

    Otherwise you don't have capitalism, you have feudalism.
  2. After that you will get nationalism and then burning stuff.
  3. jprad


    If the cost of labor was normalized then I'd agree since the market would gravitate towards to most competent workers.

    But, the way it is now it's simply a cost-avoidance strategy that benefits the company while injuring the local economy due to unemployment.
  4. If you close immigration we lose more than we gain.

    No Steve Jobs / Apple
    No Barack Obama

    There are serious contributions made by the talent we attracted to relocate to the united states. Typically the cream of the crop from their respective countries.

    The Problem is Multinational Corporations that can move operations across borders. They have more rights then citizens and their allegiance is strictly to their shareholders.

    Maybe we should certify our fictitious business entities as 100% domestically owned and operated and give preference for govt projects.. buy american etc.
  5. Their allegiance is to the CEO and other execs, shareholders come second. lol
  6. jprad


    First off, Jobs mother was American, ditto Obama. Second, the Apple was largely Wozniak's baby, not Jobs.

    As for "serious" contributions, start naming them. More often than not, innovative technological breakthroughs are collaborative within a university setting and you can point to any number of nationalities and ethnicities involved in the effort.

    As far as public companies, who do you think owns the largest block of shares early in the company's life? Second, are you not aware of the fact that corporations already have legal entity status in this country?
  7. The only rational way to normalize worker cost is to open the borders to the same extent that the borders are open to capital flows. If an economy is going to be damaged by labor flows, it will be just as damaged by capital flows (and we can see that in the modern US economy) -- so they should then both be restricted, or both be open.

    It is baffling to me that we could have watched the Soviet Empire do its slow collapse across the decades and not have learned such a basic lesson.
  8. IMO this is inaccurate.

    Apple the computer was Wozniak's baby.

    Apple the Company is strictly Jobs, after the early groundbreaking computers Wozniak was already off in lalaland designing universal remotes (that's not even a joke).

    Jobs was looking for One Ring to Rule Them All from Day 1.
  9. Jobs' biological father — Abdulfattah Jandali, a Syrian graduate student who later became a political science professor.

    Sergey Brin - Google Co-Founder
    Google co-founder and president of technology, Sergey Brin is an immigrant success story. Brin emigrated from Russia at the age of six and at the age of 34, made #5 on Forbes 2007 list of richest Americans with a net worth of $18.5 billion.

    Levi Strauss was born in Buttenheim, Bavaria to German-Jewish parents.

    Madeleine Albright served as U.S. secretary of state from 1997 to 2001. Born in Czechoslovakia.

    Dov Charney runs American Apparel, the largest single garment factory in the United States. (Canadian)

    Avon chairman/CEO Andrea Jung has become one of the three most powerful women in American business.

    Tsung-Dao Lee, theoretical physicist T D Lee became the second youngest scientist ever to win a Nobel Prize.

    Chien-Shiung Wu, arguably the most admired female scientist in U.S. history and one of the most talented experimental physicists of all time. Her procedure for using gaseous diffusion to separate U235 from U238 was key to the Manhattan Project's success in building the world's first atomic bomb.

    An Wang: “I founded Wang Laboratories to show that Chinese could excel at things other than running laundries and restaurants,”

    Ming Chin's 1996 appointment to the seven-seat California Supreme Court

    Albert Y. C. Yu, Intel Corporation

    Christine Poon, Worldwide Chairman, Pharmaceuticals Group
    Johnson & Johnson

    Koichi Nishimura, Solectron Corporation

    Indra Nooyi, President and CFO PepsiCo

    Sunlin Chou, Intel

    Sanjay Kumar, Computer Associates International Inc

    I M Pei, World-Renown Architect

    Roman Gabriel, son of a Filipino immigrant was the first Asian American to start as an NFL quarterback

    Amar Bose

    John Tu & David Sun, Co-founders of Kingston Technology

    Vic & Janie Tsao, Co-Founders of Linksys

    Ray G. Young
    GM President and Managing Director for Brazil

    James Chu, Founder/CEO Viewsonic Corp

    David S. Lee, Inventor of Daisywheel Printer

    David Lam, Developer of Plasma Etching Chipmaking Equipment; Founder of Lam Research

    Pehong Chen, E-Commerce Visionary; Founder of Broadvision

    Jerry Yang, Co-Founder of Yahoo! Inc

    Bing Yeh, SuperFlash Inventor; Founder of Silicon Storage Technology Inc

    Bill Mow, Founder/Chairman/CEO, Bugle Boy Industries, Sportswear for men and boys

    James J. Kim, Amkor Technology Inc
    Semiconductor packaging, wafer fabrication

    Steve Kim, Founder/Chairman/CEO Xylan Corporation

    #10     May 22, 2011