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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: get shorty who wrote (8038)1/10/2003 9:14:11 PM
From: Lizzie TudorRead Replies (4) of 306849
 
I don't know that I'd argue his point about programmers, but without question the shortage of engineers during the mid to late 90's was not a fabrication.

Maybe "scam" is too harsh a word, but H1-Bs were used excessively in the 90s for operational systems type workers, these are DBAs and system engineers and the like... the reality is that this is simply a learned skill and there is no reason to go abroad for this type of "expertise"... particularly when the candidate ends up to have fabricated his entire experience history anyway!

I believe that executives in silicon valley (who lobbied heavily for the program) beleived that they could get PhD's and other highly creative intelligent types from india for 50K/year. On that basis, they said- open the floodgates. Next thing you know, its academia inflation on all these operational jobs that don't really require a master's degree, esentially locking out all US based workers who appeared to be lesser-qualified (but really weren't since who knows what the background of the H1-Bs really was anyway!).

I am not a basher of any open borders or H1-B or outsourcing programs. I used to think they were a good idea. But now that I see what happened in practice I'm not so sure. Had we started up an inner-city training program for disadvantaged youth to train them to be DBAs and get them jobs that paid 70-80K, instead of spending the same money bringing people here from india, imo we would be better off as a society and on the productivity front.
Lizzie
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