Thursday, September 26, 2019

BIG HIGH TECH'S RENT BOY FOR BRIBES SEN. MIKE LEE ASSAULTS AMERICAN BORN WORKERS

Silicon Valley Billionaires Bankroll Mike Lee and His Green Card Giveaway

WASHINGTON, DC - JULY 18: Sen. Mike Lee (R-UT) takes a break from the weekly Senate Republican policy luncheon to talk on the phone outside the Mansfield Room at the U.S. Capitol July 18, 2017 in Washington, DC. Senate Majority Leader Mitch McConnell (R-KY) said there are not enough votes …
Chip Somodevilla/Getty Images
3:44

Silicon Valley and California’s wealthiest tech billionaires are bankrolling Sen. Mike Lee’s (R-UT) effort to allow India and China to monopolize the United States’ green card system.

Lee’s S. 386 provides a massive giveaway to Big Tech corporations like Amazon, Google, Facebook, and Microsoft — all of which are donors to the Utah Senator.
The legislation will ensure outsourcing firms such as Cognizant and Infosys, as well as giant tech conglomerates like Amazon and Facebook, have a green card system wherein employers would have to wait seven to eight years before securing an employment-based green card for a hire.
This process would solidify that employment-based green cards only go to temporary foreign visa workers, like those imported on the H-1B visa, thus rewarding those corporations who replace their American employees with H-1B foreign visa workers who are overwhelmingly Indian male nationals.
While about 25 percent of all employment-based green cards currently are rewarded to Indian nationals today, should Lee’s legislation pass, Indian nationals will obtain more than 90 percent of all the employment-based green cards for at least a decade.
Paying out lobbyists to push Republican and Democrat Senators into supporting Lee’s green card giveaway are tech corporations like Google, Microsoft, the Oracle Corporation, and Hewlett-Packard Enterprise. For instance, Google, Microsoft, Oracle, and Hewlett-Packard have sent out a combined total of 18 lobbyists to Capitol Hill to push Lee’s green card giveaway out to Senators.
At the same time, Microsoft has been Lee’s largest tech donor for the last five election cycles, doling out nearly $130,000 to him since 2015. More than $97,000 of those funds went directly to Lee while another $30,000 went to Lee’s PAC.
Likewise, Google’s parent company Alphabet Inc. has donated $55,900 to Lee since 2015, while the Oracle Corporation has donated $44,200.
Others bankrolling Lee’s S. 386 are the Koch brothers’ network of organizations, such as Americans for Prosperity, the outsourcing lobby, like Cognizant and the IBM Corporation, as well as the U.S. Chamber of Commerce.
The Chamber of Commerce, for example, has almost 30 lobbyists working to push Lee’s green card giveaway, while Cognizant and IBM have a total of seven lobbyists pushing the legislation. IBM and Cognizant are set to gain hugely from S. 386, as they are two of the largest outsourcers of American jobs in the nation.
This year, alone, Cognizant sought to outsource more than 13,000 U.S. jobs to H-1B foreign visa workers. IBM — headed by Ginni Rometty who takes in a salary of $16.45 million a year — attempted to outsource nearly 8,500 U.S. jobs to H-1B foreign visa workers.
The Koch-funded Americans for Prosperity, which has deployed eight lobbyists to push Lee’s green card giveaway, has indirectly been a donor to Lee through the years. Since 2015, Lee has raked in nearly $60,000 from Koch Industries.
Lee’s S. 386 is also being lobbied for by the American Immigration Lawyers Association (AILA), which aids illegal aliens and foreign workers in their efforts to not be deported, has sent out three lobbyists to push the green card giveaway.
Though S. 386 was blocked by Sen. David Perdue (R-GA), Lee and Perdue are expected to make a deal on the legislation and hope to take fast-track a vote by the end of this week.
John Binder is a reporter for Breitbart News. Follow him on Twitter at @JxhnBinder.









arning all ALIPAC organized activists! Vote in Senate tomorrow!

Share this warning by email and on (FACEBOOK HERE) .. (TWITTER HERE) .. (GAB HERE) .. (ALIPAC HERE)

We have just received word from Breitbart that Georgia Republican Senator Davide Perdue has caved in to Sen Mike Lee and the India green card giveaway bill is now cleared for a unanimous consent vote tomorrow, Thursday, Sept 26!

We only need one new Senator to object now that Perdue and Rand Paul have caved!

Please warn others and be ready to spring into action with ALIPAC at 8 am.

Breitbart: Sen. David Perdue OKs Silicon Valley Takeover of College Graduate Job Market
https://www.breitbart.com/politics/2019/09/25/sen-david-perdue-oks-silicon-valley-takeover-of-college-graduate-job-market/


Our home base at ALIPAC.us is being swarmed by tech workers from India looking for holes in our armor and a way to bring us down! We had to spend hundreds of dollars in emergency funding today to shore up our defenses! If our site goes down during the battle, you should know what to do by now.

Our funds are critically low! If anyone wants to donate to help us fight back tomorrow, please send your support tonight via our secure gifts page at...

https://www.alipac.us/donations/


William Gheen and The ALIPAC Team



This is it, folks! Since 99% of America has no idea what is about to happen today due to the media blackout on S 386, which includes stalwart Drudge Report. (View media scan) It's up to you! Respond and take action or sit still and suffer the national consequences.

This may be your last chance to call GOP Senators and ask that just one of them stand up for American jobs and American workers against the green card giveaway to India and China bill S 386 before today's vote!

Ask every Republican you can...

"Please ask Senator _____ to stand up for American jobs and American workers by objecting to Sen. Lee's improper unanimous consent motion on S. 386 which would hand more power to companies who abuse American workers and hand more power to India, China, and Democrats over American policies, communities, and citizens!"

Senate Contact Info
https://www.senate.gov/general/contact_information/senators_cfm.cfm


Sen David Perdue has indicated that he dropped his objection to Lee's unanimous consent ploy because "I supported his bill. It's consistent with what the White House has been working on. We just had some nuances in the language with regard to rural nurses and basically, we worked that out." (View Source)

This means it is most likely someone in the White House has given a green light that Trump will sign this anti-American worker bill! Call and write Trump to say...

"President Trump please veto the anti-American worker bill S 386 which contradicts every immigration promise you campaigned on!"

White House Contact: Comments: 202-456-1111 Switchboard: 202-456-1414

Trump social media contact

Twitter
https://twitter.com/realDonaldTrump

Facebook
https://www.facebook.com/DonaldTrump


ALIPAC would like to thank each of you sacrificing your time and energy to receive our alerts, open them, read and take the actions we request.

Special thanks to each of you who has Sponsored ALIPAC's fight to save American jobs and lives in 2019!

Let's roll ALIPACers!

William Gheen
Americans for Legal Immigration PAC
www.alipac.us





Sen. Mike Lee Urges Indian Workers to Lobby Top Democrat for Green Card Giveaway Bill

FILE - In this Aug. 16, 2019, file photo a citizen candidate holds an American flag and the words to The Star-Spangled Banner before the start of a naturalization ceremony at the U.S. Citizenship and Immigration Services Miami field office in Miami. U.S. Citizenship and Immigration Services officers can now …
AP Photo/Wilfredo Lee
9:22

GOP Sen. Mike Lee urged Indian supporters of his green cards giveaway bill to press Democratic leader Sen. Dick Durbin to stand aside on Thursday so Lee can pass his bill which rewards Indian graduates who take jobs from American graduates.

Lee’s call to Indians came during his surprise live broadcast from his Senate website:
I’m going to seek unanimous consent again tomorrow to try to pass this bill in law tomorrow. We are concerned about the possibility of an objection being brought forward by my colleague, Senator Dick Durbin from Illinois. I hope that Mr. Durbin does not decide to bring about an objection. Mr. Durbin is a friend of mine. He and I have worked together on a number of issues. So if you happen to know Mr. Durbin, or know of anyone who is close to him, or who he might listen to him, please encourage him to not object to unanimous consent passage of the Fairness for High Skilled Immigrants. If he doesn’t object, we can get this thing passed and get it passed tomorrow.
Lee’s statement was in response to a question from a temporary visa worker in Salt Lake City, named “Akheel,” (ph), who said he has been living in the United States and working for 15 years to eventually get a green card from his employer.
Lee’s call to the Indians matched tweets from the lobby group of Indian visa workers, dubbed Immigration Voice. The group’s tweet urged their members to contact Durbin, who is the second ranked Democrat in the Senate:

🚨ILLINOIS ACTION ITEM ALERT 🚨

Dear Friends,

We need our members in Illinois to call Senator Dick Durbin in his Washington DC office at 202.224.2152 and ask him to support the unanimous consent of the bi-partisan Harris-Lee - Fairness For High Skilled immigrants act.

Team IV


Durbin has not indicated if he will block the bill.
But he told the Wall Street Journal that the bill would increase “immigration from countries like India a marginal small amount at the expense of cutting back on immigration from other countries in a much more dramatic fashion—I don’t think there’s equity in that.”
Also, any passage of a bill would contradict the Democrats’ long standing strategy in immigration politics: Offer more immigrant workers to business in exchange for business delivering GOP votes for amnesty.
That strategy worked in the Senate in 2013 but was stymied in the GOP House amid legislators’ worries about voter reactions. But if the business and investor groups get their extra Indian workers from Lee’s bill, then Democrats have less leverage to get CEOs’ support for a 2021 amnesty that would add millions of Democratic voters over the subsequent decade.
Industry’s stealthy, years-long, lobbying campaign to pass Lee’s outsourcing bill has successfully minimized coverage in the establishment media to one Hispanic-focused article in the Miami Herald, and one pro-migrant article in the Wall Street Journal. The establishment coverage is minimal partly because the outsourcing bill has been successfully marketed as a minor correction to supposedly “discriminatory” country caps.
The caps promote diversity by spreading green cards among many countries. In practice, Indians get the largest share of the cards. The 20,000 cards given to Indian visa workers comprise roughly 16 percent of the 120,000 cards.
But Lee and industry activists portray this pro-diversity process as obsolete discrimination. For example, Lee told his “Akheel” caller:
This makes no sense. This is a leftover from our Buddy Holly-era immigration code. This was developed in the 1950s. Maybe it made sense back then. I don’t know. But look, they did a lot of things back in the 1950s that don’t make any sense today, and this is certainly one of them. It’s like a vestigial organ from a bygone era that needs to be cut out.  So the Fairness for High Skilled Immigrants Act is something that would get rid of that per-country, arbitrary cap, that is really discriminatory and unfair for certain people from certain countries, including, and especially those from India.

Incredibly grateful to our incredible champion @SenMikeLee who is working incredibly hard to pass his bill, The Fairness For High Skilled Immigrants through Congress. Just a few minutes ago, he talked about the bill in his Facebook townhall.


This cover story has been hugely successful because few reporters or congressional staffers follow the money through the immigration debate, and most reporters prefer to focus on the concerns of migrants. The silence helped business pass the House version of Lee’s bill, HR.1044, with support from nearly all Democrats and from 140 Republicans.
In practice, Lee’s bill would give Silicon Valley investors the power to grow their low-wage workforce of Indian graduates.
The bill gives CEOs the ability to recruit more workers with the promise of roughly 100,000 green cards a year. This huge subsidy is five times larger than the current allocation of approximately 20,000 green cards for Indians, which has helped the companies recruit a volunteer workforce of roughly 800,000 Indian graduates in the United States.
The current Indian workforce of roughly 800,000 visa workers has sidelined at least one million American graduates — including at least 20,000 voters in Durbin’s Illinois.
The sidelined Americans lost salaries and jobs in a wide variety of careers — in software, math, accounting, engineering, design, healthcare, fashion or business. In time, Indians have expanded their role as managers and recruiters in major cities, so prompting widespread complaints and lawsuits about cheating, favoritism, and discrimination. Americans who leave these careers usually find jobs in other sectors, including journalism. Some excluded professionals have killed themselves, but many more have been forced into lonely retirement.
“I never found a job” after being replaced by Indian H-1Bs in 2010, one software expert told Breitbart News. She continued:
I applied for tons of jobs, tons … I never got a response except ‘Thank you for applying.” … I’ve gotten calls and I’ve gotten emails from Indians [when applying for jobs] … It just goes nowhere.
“Last year I retired, so my retirement is peanuts,” she said in January 2019. “I live in a tiny town called Arizona City, which doesn’t have mail service.” None of her children, or her two siblings’ children, have taken up software careers, she added.
The actual loss to American graduates is likely far higher than one million jobs. The roughly 800,000 Indian visa workers work hand-in-glove with a larger workforce of at least two million Indians based in India. This joint U.S.-India Outsourcing Economy generated roughly $78 billion in revenue for India in 2018 — and it diverts billions of U.S. payroll dollars to investors’ profits and stock values on Wall Street.
Roughly 300,000 of the Indian visa workers — including “Akheel” — have been allowed to stay long past their visa expiration dates because their employers nominated them for green cards. The cards are so valuable that many of the visa workers have rationally stayed in their lower wage jobs for more than ten years, much to the advantage of their U.S. employers.
But if Lee’s bill gives the CEOs five time as many green cards to award, they will be able to recruit many more Indian workers for U.S. jobs.
These workers can arrive via the uncapped B1, TN or Optional Practical Training programs, and will compete to be selected by their employers for the uncapped L-1 and part-way capped H-1B programs where they can apply for green cards. This multi-program, multi-year pipeline can hold far more workers than the 800,000 Indians now in the United States.
Overall, roughly 1.5 million foreign graduates from several countries hold visa jobs in the United States, so helping to flatline salaries for tens of millions of American graduates.
The bill does not reform the green card process, for example, by limiting the number of workers who can be nominated for green cards each year.
Lee’s “country caps” legislation may actually create a bigger backlog of visa-workers, warns the Congressional Research Service. “Shorter wait times for [green cards] might actually incentivize greater numbers of nationals from India, China, and the Philippines to seek employment-based [green card] status,” a CRS report warned legislators. “If that were to occur, the reduction in the number of approved petitions pending might be short-lived,” said the December 2018 report.
Lee will try to pass his bill on Thursday. The path was cleared when he met with Georgia Sen. David Perdue for a Wednesday lunch and struck a deal which ended Perdue’s opposition. Perdue had blocked the Bill on September 19.

GOP Sen. Perdue flops, so Sen. Mike Lee likely gets Senate & GOP vote on Thursday for a huge green-card giveaway to S-Valley investors. Lee's @S386 shows US biz is converting the immigration system to target white-collar salaries & boost US-India trade. http://bit.ly/2nl3hiQ 


Few GOP Senators — aide from Lee and North Dakota Sen. Kevin Cramer — have publicly touted their support for the outsourcing bill.
But Lee’s confidence — and Perdue’s turnabout — suggest that most GOP Senators tacitly support the bill to reward Indians for taking white collar jobs from their suburban, swing voting, college graduate constituents — and also from those constituents’ children once they graduate from college.
Lee’s determination — and the caucus’ willingness — to alienate these swing voting Americans is remarkable given that many of those voters switched sides in the November 2018 election. Their switch helped the Democrats gain control over the House.
Lee’s push to get a unanimous consent approval of his bill means that GOP senators will not have to vote on the record for the outsourcing bill. But passage by a unanimous consent bill means Lee would reveal that none of his GOP peers — or his Democratic peers — oppose the job giveaway.
In the November 2020 elections, 23 of Lee’s GOP Senators will face the voters after supporting — or opposing — Lee’s college graduate outsourcing bill.
Perdue’s flip shows that GOP and Democratic senators are wholly opposed to the claimed problem of national discrimination, claimed a tweet from Leon Fresco. He is an immigration lawyer who helped write the 2013 “Gang of Eight” legislation. Fresco is now organizing the Indian visa workers and is claiming ideological victory:

Everyone tweeting me about , here is what is new today—100% of Senate now believes it is unacceptable to have disparities in employment green card wait time based on birth country. This has never been true before. The Sentors will soon come together—patience!!



And to be clear, not saying the final bill is done and ready to sign. just saying that because of the hard work of all those in the backlog and their allies, this is the 1st time 100% of the senate supports addressing . So now a solution will be accomplished.


So far, the White House has not indicated that President Donald Trump will oppose the bill.
Indians are calling and message Sen. Durbin’s office. But a tweet from an Indian who opposes the green card giveaway displayed apparent deception by the Indian activists:

Indians are now openly committing fraud, lady who lives in silver spring, MD is using a phony zip code and pretending to be a constituent of Illinois .


View image on Twitter













Sen. David Perdue OKs Silicon Valley Takeover of College Graduate Job Market

U.S. Senator David Perdue speaks during a Georgia Republican Party unity rally Thursday, July 26, 2018, in Peachtree Corners, Ga. The rally was held after a heated gubernatorial primary runoff race which pitted Lt. Governor Casey Cagle and Secretary of State Brian Kemp against each other with Kemp winning. (AP …
John Amis/AP Photo
10:37

Sen. David Perdue (R-GA) now supports Sen. Mike Lee’s (R-UT) green card giveaway bill, which will allow investors to reward many more Indian graduates for taking middle-class jobs from American college graduates.

Perdue’s decision to end his opposition to the bill clears the way for Lee to rush his bill through the Senate on Thursday. If no other senators object, Lee’s bill will move through the Senate, putting it much closer to becoming law.
The bill allows investors and their companies to reward many more Indian graduates who agree to take the college graduate jobs needed by young American graduates. The reward is the grant of 120,000 invaluable green cards — up from roughly 20,000 today — to the Indian outsourcing workers and their families.
That’s a huge boost for the investors in the U.S.-India Outsourcing Economy, who now import Indian graduates to spike stock prices by chopping white-collar payroll costs. So Perdue’s retreat is also a huge economic hit to the roughly 800,000 Americans who are graduating in 2019 with degrees in health care, science, engineering, accounting, business, software, math, or architecture.
The bill could also disrupt the immigration system for many other foreign migrants, including younger “dreamer” illegals and university scientists, as well as the next wave of foreign students, scientists, and professionals who are seeking to move into the United States. The House has already passed its version of the bill, H.R. 1044.
Perdue’s retreat was reported by Immigration Voice, a lobbying group of foreign workers who were imported by investors to take the middle-class jobs sought by U.S. graduates. The McClatchy News Service reported Perdue’s switch:

Georgia Sen. David Perdue says he no longer objects to Sen. Lee's green card bill: "I supported his bill. It's consistent with what the White House has been working on. We just had some nuances in the language with regard to rural nurses and basically we worked that out."

59 people are talking about this

The Indian visa workers are now urging their members to call Sen. Dick Durbin’s (D-IL) office out of fear he might block Lee’s giveaway:

🚨ILLINOIS ACTION ITEM ALERT 🚨

Dear Friends,

We need our members in Illinois to call Senator Dick Durbin in his Washington DC office at 202.224.2152 and ask him to support the unanimous consent of the bi-partisan Harris-Lee - Fairness For High Skilled immigrants act.

Team IV

324 people are talking about this

Durbin’s potential opposition was spotlighted by a September 7  report in the Wall Street Journal:
Democrats in the Senate have qualms, too. “They are increasing the immigration from countries like India a marginal small amount at the expense of cutting back on immigration from other countries in a much more dramatic fashion—I don’t think there’s equity in that,” said Sen. Dick Durbin (D., Ill.).
Perdue’s office did not respond to Breitbart News. On September 19, Perdue explained his hold on Lee’s bill:
I want to comment my good friend from the great state of Utah, SM Lee,  for his work on putting this bill together and pulling the people together to support this bill. I support this bill. Madam President.
We have some language that needs to be clarified, and I still have some concerns about the impact this legislation would have on some specific industries, you know in my state but in the country. I want to work with Senator only in addressing these concerns and come to a resolution on this very quickly. I commit to working with him and his team to make sure that we get to a resolution because we want the exact same thing. And this is totally consistent with President [Donald] Trump is trying to do in as long term work to fix our broken immigration system in with that.
Activists say no GOP senators are ready to step forward to protect American graduates from the huge inflow of underpaid Indian graduates. Even populist senators such as Sens. Josh Hawley (R-MO) and Marsha Blackburn (R-TN) have avoided criticizing the investors’ stealthy no-hearing, no-debates rush to pass the bill.
Their passive stance comes amid a huge but stealthy push led by the technology companies and investors, such as Jeff Bezos, owner of Amazon and the Washington Post. The backers include Mark Zuckerberg, who met with Lee on September 19, on the same day that Perdue blocked his bill.


Business groups have told senators that the bill is a minor change to immigration law and is intended to rectify what they describe as anti-Indian “country caps” discrimination. Those business groups already employ roughly 1.5 million foreign white-collar workers in the United States, including at least 800,000 Indians graduates.
Opponents and supporters of the green card giveaway are using Facebook and Twitter to urge their supporters to call senators to block or support the bill.
Only one GOP senator is needed to stop Lee’s bill, which is expected to be brought to the Senate floor on Thursday for a no-debate, no-media, fast-track “Unanimous Consent” approval process.
Few Democrats — if any — oppose Lee’s S.386 bill, which is strongly backed by the pro-Democrat Silicon Valley investors.
Nearly all Democrats voted for the House version of the bill.
Department of Homeland Security (DHS) officials have said they oppose the Indian outsourcing bill — but White House officials have not said if the bill will be opposed by President Donald Trump — even though Trump needs to boost his sagging support among white-collar suburban voters.
White-collar Americans have formed a series of groups to defend their careers against the investors’ visa workers. They include the American Workers CoalitionProUSworkers, and Doctorswithoutjobs.com.
These groups say that the expanded number of green cards will flood the labor markets for engineers and software experts. The bill will also allow U.S. investors to annually recruit hundreds of thousands of Indian graduates to compete for American college jobs and green cards. The Indians can get work permits via the uncapped Optional Practical Training (OPT), B1, L-1, H4EAD, and H-1B visa worker programs. U.S. workers also say they are routinely discriminated against and excluded by the U.S.-based Indian managers and Indian recruiters who run the U.S.-India Outsourcing Economy.
Lou Dobbs, on Fox News, has repeatedly denounced the giveaway:

- @EdRollins: @POTUS has made a commitment to create jobs for Americans, particularly young Americans coming out of college. This Senate bill would create competition for them by giving visas to Indian students & give them jobs at lower wages.

1,289 people are talking about this

Populist groups — such as Americans for Legal Immigration PAC — also oppose the Silicon Valley takeover.
Additionally, would-be immigrants are opposing the Lee bill because it will push the investors’ current army of at least 300,000 Indian tech workers — plus more to come — up to the head of the line for 120,000 green cards each year. For example, the Multinational Coalition includes many Chinese graduate students who will have to work as low-wage student lab technicians for many years in their late 20s if they hope to get green cards.
These pro-migration opponents of Lee’s bill also include Support All of Us and many other pro-migration groups who are keeping their opposition quiet.
This shift towards Indian outsourcing will also cut off the flow of employer-sponsored migrants into Florida’s Spanish-speaking economy, say immigration lawyers in Florida.

This bill is a giveaway overwhelmingly to one industry (tech) and it means that individuals from one country (India) will get most to all of the employment-based visas for the next 10 years, within even longer backlogs after that.

31 people are talking about this

But Perdue’s shift is being cheered by the India visa workers who take the graduate jobs needed by Americans. For example, “Ramesh S,” who is working in North Carolina, applauded Perdue’s switch:


Most of the Indian workers are being imported to run the U.S. side of the U.S.-India Outsourcing Economy, which is used by investors to transfer Americans’ salaries into their Wall Street stock values.
For example, Walmart is boosting its stock value by outsourcing 569 finance and accounting jobs in North Carolina to cheaper H-1B workers from India. If the company saves $10,000 per employee, Walmart will save $5.7 million per year. On Wall Street, Walmart’s price to earnings rate is 25 to one, so the $5.7 million in payroll savings will boost its stockholders’ value by $142 million.
Walmart picked an American company, Genpact, to supply the Indian workers. The company is a spin-off of General Electric, and it prospers by providing Indian H-1B workers to many companies in the United States. For example, the company asked for 271 H-1Bs in 2018, 410 H-1Bs in 2017, and 307 H-1Bs in 2016.
Genpact’s H-1Bs work on the U.S. side of the vast and growing U.S.-India Outsourcing Economy, now worth roughly $78 billion per year. Part of the H-1Bs’ job is to funnel additional work back into India. For example, Genpact may only need to use 100 H-1Bs in North Carolina to help steer the work of the 569 fired American finance experts back to large teams of low-wage Indian graduates in India.
Genpact’s $3.3 billion in revenue is enough to generate $7.5 billion in stock value for its investors, which include Bain Capital, Blackrock, and Charles Schwab Investment Management.
Employers reward the low-wage Indian workers by giving them green cards, which allow them to become U.S. citizens — and to then import their immediate and extended families from India to the United States.
The investors are mostly based on the coasts, so their wealth is helping to spike income and real estate values in New York and California — while the reduced investment and payroll in heartland states reduce their business income, real estate values, skilled workforces, and political power.

H-1B imported workers in Georgia get paid less than Americans, so they spend less (about $300M less) on local groceries, retail, rents, etc. Investors send the savings to Wall St. to get 25:1 gains. IOW, visa workers hurt many & help the few wealthy @S386 http://bit.ly/2lwjNfu 

70 people are talking about this

Immigration Numbers
Each year, roughly four million young Americans join the workforce after graduating from high school or a university. This total includes about 800,000 Americans who graduate with skilled degrees in business or health care, engineering or science, software, or statistics.
But the federal government then imports about 1.1 million legal immigrants and refreshes a resident population of about 1.5 million white-collar visa workers — including approximately one million H-1B workers and spouses — and about 500,000 blue-collar visa workers. The government also prints more than one million work permits for new foreigners and rarely punishes companies for employing illegal migrants.
This policy of inflating the labor supply boosts economic growth and stock values for investors. The stimulus happens because the extra labor ensures that employers do not have to compete for American workers by offering higher wages and better working conditions.
The federal policy of flooding the market with cheap, foreign, white-collar graduates and blue-collar labor shifts wealth from young employees toward older investors. It also widens wealth gaps, reduces high-tech investment, increases state and local tax burdens, reduces marriage rates, and hurts children’s schools and college educations.
The cheap-labor economic strategy also pushes Americans away from high-tech careers, and it sidelines millions of marginalized Americans, including many who are now struggling with drug addictions.
The labor policy also moves business investment and wealth from the Heartland to the coastal citiesexplodes rents and housing costs, undermines suburbiashrivels real estate values in the Midwest, and rewards investors for creating low-tech, labor-intensive workplaces.
But Trump’s “Hire American” policy is boosting wages by capping immigration within a growing economy. The Census Bureau said September 10 that men who work full-time and year-round got an average earnings increase of 3.4 percent in 2018, pushing their median salaries up to $55,291. Women gained 3.3 percent in wages, bringing their median salaries to $45,097 for full-time, year-round work.

No comments: