Want to take the Student Loan exploitation one step further?
Who are taking the jobs away from Americans? As an example in the IT sector?
People with H1B Visas are taking jobs away from Americans in the IT sector because Wall Street complains the USA doesn't educate enough Americans to fill the jobs.
March 19, 2014
By Michael S. Teitelbaum
...A compelling body of research is now available, (click here) from many leading academic researchers and from respected research organizations such as the National Bureau of Economic Research, the RAND Corporation, and the Urban Institute. No one has been able to find any evidence indicating current widespread labor market shortages or hiring difficulties in science and engineering occupations that require bachelors degrees or higher, although some are forecasting high growth in occupations that require post-high school training but not a bachelors degree. All have concluded that U.S. higher education produces far more science and engineering graduates annually than there are S&E job openings—the only disagreement is whether it is 100 percent or 200 percent more. Were there to be a genuine shortage at present, there would be evidence of employers raising wage offers to attract the scientists and engineers they want. But the evidence points in the other direction: Most studies report that real wages in many—but not all—science and engineering occupations have been flat or slow-growing, and unemployment as high or higher than in many comparably-skilled occupations....
The IT industry in the USA have the best of all worlds. They actually have enough technicians with a potential for a shortage in the future. Those technicians, Associate Degrees, earn at least $35,000 to start.
There is a known surplus of Bachelor prepared computer scientists in the USA. I am confident those scientists with a BS would take a job for $35,000 per year in hopes they can go up the ladder.
In complete honesty, the IT industry has been hyping their demand for graduates simply to create a better class of job candidates every year. Now, they are spinning their hype to demand nearly 200,000 H1B Visas to pay less salaries and pad their stockholder's returns.
Enough of the lies. Americans that are exceptionally qualified need jobs and there needs to be an investigation to this outrageous claim by the IT industry.
Microsoft (click here) was among the highest donors to Marco Rubio. That is pure unadulterated corruption. This is definitely quid pro quo.
All Rubio's donors are Wall Street.
He reminds me of Scott Brown who was the only one working out in the Senate gym while everyone watched "Morning Joe."
Donors are finance, private equity, IT or infrastructure/construction. There is nothing small business about any of them.
It is still a quandary why Rubio focused on Columbia for a free trade agreement. It would definitely help any Wall Street financial, private equity firm or major construction company.
He seems to like to deliver quickly on his political donors.
Who are taking the jobs away from Americans? As an example in the IT sector?
People with H1B Visas are taking jobs away from Americans in the IT sector because Wall Street complains the USA doesn't educate enough Americans to fill the jobs.
March 19, 2014
By Michael S. Teitelbaum
...A compelling body of research is now available, (click here) from many leading academic researchers and from respected research organizations such as the National Bureau of Economic Research, the RAND Corporation, and the Urban Institute. No one has been able to find any evidence indicating current widespread labor market shortages or hiring difficulties in science and engineering occupations that require bachelors degrees or higher, although some are forecasting high growth in occupations that require post-high school training but not a bachelors degree. All have concluded that U.S. higher education produces far more science and engineering graduates annually than there are S&E job openings—the only disagreement is whether it is 100 percent or 200 percent more. Were there to be a genuine shortage at present, there would be evidence of employers raising wage offers to attract the scientists and engineers they want. But the evidence points in the other direction: Most studies report that real wages in many—but not all—science and engineering occupations have been flat or slow-growing, and unemployment as high or higher than in many comparably-skilled occupations....
The IT industry in the USA have the best of all worlds. They actually have enough technicians with a potential for a shortage in the future. Those technicians, Associate Degrees, earn at least $35,000 to start.
There is a known surplus of Bachelor prepared computer scientists in the USA. I am confident those scientists with a BS would take a job for $35,000 per year in hopes they can go up the ladder.
In complete honesty, the IT industry has been hyping their demand for graduates simply to create a better class of job candidates every year. Now, they are spinning their hype to demand nearly 200,000 H1B Visas to pay less salaries and pad their stockholder's returns.
Enough of the lies. Americans that are exceptionally qualified need jobs and there needs to be an investigation to this outrageous claim by the IT industry.
All Rubio's donors are Wall Street.
He reminds me of Scott Brown who was the only one working out in the Senate gym while everyone watched "Morning Joe."
Donors are finance, private equity, IT or infrastructure/construction. There is nothing small business about any of them.
It is still a quandary why Rubio focused on Columbia for a free trade agreement. It would definitely help any Wall Street financial, private equity firm or major construction company.
He seems to like to deliver quickly on his political donors.
