Giving our outsourcing to China under Clinton, Obama's rejection of the Keystone Pipeline, and now STEM jobs under Bush/Obama, I believe you can assume, going forward, politicians will always sell out Americans and do what's worse for them.
This is a nonsensical analysis. An economy and trade should ONLY be analyzed from the perspective of the consumer. To evaluate it from the perspective of producers is to forget the very basics of why anyone works or trades to begin with. We don't work because we like working so much. We work in order to consume. To claim that improving the lives of hundreds of millions of American consumers, while maybe reducing the income of a few thousand Americans, is to "sell out" Americans is to quite frankly be a giant fool.
If you're analysis of a policy is to examine the effects on producers, then you should support policies the maximize monopolies and cartels. I don't think even you are that foolish.
We have more than 50 open positions but I've only seen one US applicant who was a weak cantidate. The rest of applicants are from India. If there are US STEM workers who want jobs, they might try applying for them.
yes, ironically thanks to decades of politicians giving away every advantage of us companies and now increasing taxes and regulations, the days of good jobs in America are GONE forever.
add in robots, automation and you can throw in wage and salary increases as a thing of the past. imo, the 1980s and 1990s were the pinnacle for the usa; nothing to do now but enjoy the decline.
The problem with basing an economy around consumers is that before you consume you must produce at a rate of your consumption and if you want to get richer you must produce at a rate greater then your consumptions
Sure you can paper over it by having your money be the world reserve currency but eventually if you don’t produce enough that too will disappear and you are stuck with a consumption based economy with no production to support it.
I work in STEM. I was contracting at $50 an hour 15 years ago. I can't get any more today, while average compensation across the US has grown overall. I attribute this stagnation to increased H1-B competition. Chinese engineers in China had no effect on my wages, but directly importing them has had a hugely depressing effect on wages. As for the person who insulted me by saying "you might try applying", yes I can apply but I can't get hired if my competition can be forced to accept 20% less because they'll lose their visa if they refuse.
I'm a recent graduate of a STEM program (math and electrical engineering). I had high grades and good experience. Took me 7 months to get an engineering job that I could have done out of high school. My resume was auto rejected by dozens if not hundreds of companies. They said they wanted 5+ years of experience generally. Didn't stop them from hiring hundreds of wage slaves from China and India. Caps, you might want to address some of the misconceptions people commenting here have about supply and demand of labour. Or at least explain why importing large numbers of people to compete with a large unemployed population is BAD for the country.
9 comments:
Yep. Globalist zealotry is destroying the american people.
This is a nonsensical analysis. An economy and trade should ONLY be analyzed from the perspective of the consumer. To evaluate it from the perspective of producers is to forget the very basics of why anyone works or trades to begin with. We don't work because we like working so much. We work in order to consume. To claim that improving the lives of hundreds of millions of American consumers, while maybe reducing the income of a few thousand Americans, is to "sell out" Americans is to quite frankly be a giant fool.
If you're analysis of a policy is to examine the effects on producers, then you should support policies the maximize monopolies and cartels. I don't think even you are that foolish.
We have more than 50 open positions but I've only seen one US applicant who was a weak cantidate. The rest of applicants are from India. If there are US STEM workers who want jobs, they might try applying for them.
yes, ironically thanks to decades of politicians giving away every advantage of us companies and now increasing taxes and regulations, the days of good jobs in America are GONE forever.
add in robots, automation and you can throw in wage and salary increases as a thing of the past. imo, the 1980s and 1990s were the pinnacle for the usa; nothing to do now but enjoy the decline.
The problem with basing an economy around consumers is that before you consume you must produce at a rate of your consumption and if you want to get richer you must produce at a rate greater then your consumptions
Sure you can paper over it by having your money be the world reserve currency but eventually if you don’t produce enough that too will disappear and you are stuck with a consumption based economy with no production to support it.
The better of my two senators giving Intel hell (Shelby is just a bloviating jack@%&).
I don't think it will make a difference, but Session's charge is a good first start...or maybe I'm just being optimistic here.
I work in STEM. I was contracting at $50 an hour 15 years ago. I can't get any more today, while average compensation across the US has grown overall. I attribute this stagnation to increased H1-B competition. Chinese engineers in China had no effect on my wages, but directly importing them has had a hugely depressing effect on wages. As for the person who insulted me by saying "you might try applying", yes I can apply but I can't get hired if my competition can be forced to accept 20% less because they'll lose their visa if they refuse.
What company? Send me an email, I'll change that for you.
I'm a recent graduate of a STEM program (math and electrical engineering). I had high grades and good experience. Took me 7 months to get an engineering job that I could have done out of high school. My resume was auto rejected by dozens if not hundreds of companies. They said they wanted 5+ years of experience generally. Didn't stop them from hiring hundreds of wage slaves from China and India.
Caps, you might want to address some of the misconceptions people commenting here have about supply and demand of labour. Or at least explain why importing large numbers of people to compete with a large unemployed population is BAD for the country.
Post a Comment