Thread: H-1B Visas Take American Jobs

Originally Posted by Phyllis Schlafly of Eagle Forum

A good example of how the H-1B visa system works was described in a lawsuit filed against Molina Healthcare Inc., which handles Medicaid and Medicare paperwork for the government, and Cognizant Technology Solutions Corp., which recruits H-1B workers in India. On January 14, 2010, one day after the Department of Labor approved Molina's application for 40 H-1B workers, Molina fired approximately 40 competent U.S. programmers, managers and analysts and hired 40 H-1B replacements imported by Cognizant from India.

That is how H-1B visas work in the real world to take jobs away from Americans.

source: ARRA News Service: H-1B Visas Take American Jobs

Then the 40 fired U.S. workers draw up to 99 weeks of unemployment compensation.

How can any such disloyal employer pay less for labor after adding unemployment
comp for each fired employee to the wages paid to each hired H-1B replacement?

Oh, that's right, the employer doesn't pay directly for the unemployment comp of
workers it lays off. That is paid from the FUTA/SUTA funds to which all employers
contribute collectively. The employer that sheds employees doesn't have to pay FUTA
at the increased contribution rate resulting from layoffs until the next calendar year,
so for this year, the reduction in labor expenses and improved bottom line is all good.

Privatize profits, socialize costs.
Count profits this year, account for expenses next year.
Accelerate receivables, defer disbursements.
Get a better position on the strength of the improved bottom line
(but do it before next year's Profit & Loss statement comes out).

Greed may be good for the greedy, but it's evil for the rest of us.
"For the love of money is a root of all kinds of evil," - 1 Timothy 6:10a.