General Discussion

markiv

(1,489 posts)

33. tech and H-1b visas were the next domino to fall

Mon Jul 1, 2013, 11:53 AM

Jul 2013

exact same thing

immigration used to totally bust labor

tech got hit the hardest, but it had a secondary effect on all other workers

because before the h-1b hammer, anyone dissatisfied enough with their jobs could retrain for tech, which would have a rising effect on wages in other jobs

but once tech was shut off as gainfull secure employement, there was one less place to go, and many workers pushed out of tech now have to compete for other jobs, which LOWERS those wages

wages are always set at the margin, ECON 101, more workers, lower pay, fewer workers higher pay. it really doesnt take a huge change in percent of labor supply to substantially change the wage up or down. this is the huge nearly completely censored issue in the media and in both parties, immigration used as labor busting

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More Evidence That America's Middle Class Is Sliding Toward the Third World [View all] xchrom Jul 2013 OP

That Gini is going to get us. Pulls Empires apart, every time. leveymg Jul 2013 #1

Second most inequitable nxylas Jul 2013 #4

k/r marmar Jul 2013 #2

Don't worry! The Trans-Pacific "Partnership" will make it all better! MannyGoldstein Jul 2013 #3

! xchrom Jul 2013 #5

Sure it will abelenkpe Jul 2013 #9

It contains rainbows and ponies. East Coast Pirate Jul 2013 #10

Racist Paulbot Ponywanter tblue Jul 2013 #14

Hardly, but Finland has more 'free trade' and 'sacrifices' more sovereignty (to the EU) than pampango Jul 2013 #21

The problem is *ridiculous* "free" trade agreements, not MannyGoldstein Jul 2013 #37

Thanks for the well-written explanation. AnotherMcIntosh Jul 2013 #41

Romania, Bulgaria and Croatia (the 3 newest members of the EU) all have lower incomes than Mexico. pampango Jul 2013 #48

that's heaven05 Jul 2013 #6

I confess I don't know everything there is to know about economics. Lasher Jul 2013 #7

i would say that seems reasonable...and obvious. nt xchrom Jul 2013 #8

American exceptionaism tblue Jul 2013 #12

The photo is probably from a city where manufacturing jobs were shipped to foreign countries. AnotherMcIntosh Jul 2013 #11

+1 xchrom Jul 2013 #13

You also need to include illegal immigration joeglow3 Jul 2013 #15

Agreed. But according to many, we're racists, xenophobes, and not true Democrats if we AnotherMcIntosh Jul 2013 #16

Wow! Le Taz Hot Jul 2013 #20

OK. Stop. Le Taz Hot Jul 2013 #19

So you oppose the "Robber Barons" but not a particular tactic that they use AnotherMcIntosh Jul 2013 #23

Your response Le Taz Hot Jul 2013 #24

In case you haven't noticed, you are not the DU language monitor. AnotherMcIntosh Jul 2013 #27

Oh, christalmighty. Le Taz Hot Jul 2013 #39

Case in point: The Meatcutters union provided the members of its bargaining units with liveable byeya Jul 2013 #42

Where did I say immigrants? I say IMMIGRATION. joeglow3 Jul 2013 #44

So that's all you got from my post? Le Taz Hot Jul 2013 #45

You need to go back and re-read what I said joeglow3 Jul 2013 #46

tech and H-1b visas were the next domino to fall markiv Jul 2013 #33

Yes, but if you even mention this, you risk being called a racist, a xenophobe, and someone who AnotherMcIntosh Jul 2013 #35

'racist' in the 21st century, is the 'communist' of the 1950s markiv Jul 2013 #36

Absolutely! AnotherMcIntosh Jul 2013 #40

When you blame NAFTA, you mean Mexico, right? We already had 'free trade' with Canada and pampango Jul 2013 #25

Shipping jobs to foreign countries is not a good idea, even if you favor Mexico. AnotherMcIntosh Jul 2013 #26

for the millionth time, the Reagan revolution was a fucking failure NoMoreWarNow Jul 2013 #17

Somebody should tell the Chess-Master. AnotherMcIntosh Jul 2013 #29

true, that NoMoreWarNow Jul 2013 #49

Bush Sr and Clinton laid waste to the economy with 'free trade' markiv Jul 2013 #34

that is true... free trade has really done a lot of damage NoMoreWarNow Jul 2013 #50

Thanks for the info. blackspade Jul 2013 #18

Please stay on the "economy booming!" points please. Safetykitten Jul 2013 #22

But at least Turbineguy Jul 2013 #28

Or, instead of focusing upon the economy, we can look at diversionary issues. AnotherMcIntosh Jul 2013 #31

We understand eachother. Turbineguy Jul 2013 #32

What I understand is that unnecessary gun violence could be reduced by economic reform. AnotherMcIntosh Jul 2013 #43

BOTH parties support doubling of H-1b tech guest worker visas in immigration bill markiv Jul 2013 #30

Ignore column 7 - it doesn't take size of population into account. Cols 6 and 9 are relevant muriel_volestrangler Jul 2013 #38

Toothlessness. Arugula Latte Jul 2013 #47

First thing a horse buyer will do is check the horses teeth to see how they have been treated. eom Purveyor Jul 2013 #52

And along with it, Democracy. Octafish Jul 2013 #51

Folks,it's not free trade nor H1Bs nor Foreigners Yavin4 Jul 2013 #53

If one thinks these data are stark, just think what the data will reflect after ten/twenty indepat Jul 2013 #54

When two sociopaths control $50 billion, that's a problem. Initech Jul 2013 #55

K&R. (nt) Kurovski Jul 2013 #56