http://www.cnbc.com/id/17969177

Thursday, 5 Apr 2007
How does the U.S. need to change immigration policy to allow more high-tech workers into the country?

Go post - most of the comments are negative on this online and on-broadcast response.

My Response:


"Mr. Bernstein correctly points out that *if* the shortage were acute as many immigration lawyers, corporate IT managers, etc. claim, then actual mean wage rates would rise as a result. But, what have actual mean wage rates done in the last 4-5 years for many of these jobs (a time at which the number of H1B workers peaked)? They have gone DOWN.

Either modern supply/demand economics do not apply, OR there is something else going on here that is not being told. I contend that it is the importation of high-tech low-wage 'slaves'
to displace native US workers to lower labor costs for the benefit of corporate America)."

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Sorry folks, in my rush to get this posted, I referenced MSNBC in the title, but it should be CNBC.