A tip of the hat to JORDAN WEISSMANN for being willing to open his eyes and review all evidence.

Moreover, there may be evidence that the H1-B program has been a net plus for American workers. Earlier this year, U.C. Davis’s Giovanni Peri and Colgate’s Chad Sparber released a draft papersuggesting that that from 1990 to 2010, the influx of H1-B workers actually accounted for an astounding 10 to 20 percent of yearly U.S. productivity growth, and added $615 billion to the economy. That, they say, boosted both wages and employment for U.S. born scientists and engineers. There were undoubtedly winners and losers; while average salaries rose, some older Americans almost certainly gave up their jobs to younger immigrants with fresher skills. But if the paper is right, that price seems worthwhile in the grand scheme of things.

https://www.theatlantic.com/business/archive/2013/04/the-myth-of-americas-tech-talent-shortage/275319/

I do disagree with the part in red above as the destruction of my future is not worthwhile at any cost.

And Jordan, you really need to study this chart in depth.



Leave a Reply

Your email address will not be published. Required fields are marked *