Studies say that domestic workers tend to strongly dislike cheap, imported foreign labor
April 02, 20066 comments
Some people are stunned by the fact that American technology workers are not enthusiastic and tripping over themselves to quit their jobs so a foreigner can take it from them:
A plan to boost the number of temporary visas is facing obstacles in the U.S. Congress, despite the plan's popularity with technology companies and foreign workers.
Supporters of H-1B visas--reserved for highly skilled guest workers--applauded a move Monday by a U.S. Senate committee to nearly double the cap from 65,000 to 115,000 visas next year, and President Bush has endorsed the idea too. But by the end of the week, it became apparent that the House of Representatives may not follow suit.
I wonder why they are so popular with foreign workers and technology companies. The foreigners get good jobs, and the companies get cheap labor. Fancy that, one would never be able to see why American workers wouldn't be so altruistic as to ask for the same pay that Indians are able to command in their home country. Do it for America, you lousy communists!
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Maybe if our government could pay our government the way their government pays our government, we could get the good jobs.
(I know it looks convoluted, just read it twice)
:)
I'd just settle for business schools that would teach their students that it's only a matter of time before management gets outsourced. Ironically, it's cheaper to outsource the business people because their salaries are the real big drains on the company. Outsourcing the CEO at a company like HP to India would allow them to hire probably 1,000 American engineers ;)
Outsourcing CEO's and the like requires revolution. How can one do that without in a society where we try to live by the rules?
On a side note, I know you left a comment about 'The Subtle Power of Spiritual Abuse' I would encourage you to find it. If you can't, I can get access to one and ship it to you if you are interested. Write me an e-mail about it.
As Tigger says, "TTFN"
It's only a matter of time before they do that. There's simply no good reason to pay $50,000,000 for a CEO from America when one could get the same "talent" from India for $1,000,000. Eventually, I think some boards of directors are going to start realizing that even though some of these terribly overpaid CEOs are their buddies, it's better for THEM to send their jobs abroad.
Well it would only make sense. The $500,000,000 they'd save with some of those severence packages would look great for the board of directors if it showed up in the profit margin instead. I gotta say about that, that I have always thought that there was something... "problematic" about how much power institutional investors can have against regular stockholders. How can a regular investor compete against a pension fund, run by these rich fucks, that owns several million shares of a company?
wouldn't that be the ultimate in the Law of Unintended Consequences!