SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Lokness who wrote (254645)7/1/2014 4:10:42 PM
From: stsimon  Read Replies (4) of 541906
 
So lets look at legal immigration. In my home State the government will not raise salaries for IT workers to compeitive levels while drastically reducing benefits. Salaried workers cannot be hired. Consequently, a large number of contract folks on H1 visas are hired, mostly from India. These contract workers send a good chunk of their pay back to the home country. In addition, the contract labor is more expensive than salaried State workers would be even at competitive salaries and benefits.

A second problem, and a large one going forward, is the use of robots, (software and hardware), to replace human workers. There are no SS taxes paid by the employers for robots, so over time the number of workers will continue to shrink even if immigration continues. The Luddites were correct, they were just early on their timing. IMHO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext