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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: engineer who wrote (195691)9/20/2025 5:26:01 PM
From: sbfm1 Recommendation

Recommended By
Dr. John

  Read Replies (1) | Respond to of 196740
 
Certainty on law makes for a stable foundation and allows capitalism to thrive. Conversely, uncertainty throws sand in the gears of animal spirits. This proclamation is a sand pit.

As I read the proclamation, it has a one year period - which can be extended indefinitely. The $100,000 fee can be any amount (note: yesterday, the fee was essentially fixed by Congress; the fee was nominal). The fee is annual. Current visa holders must pay the fee.

What was certain yesterday, what a company could plan for yesterday, is gone.

Imagine you're a tech company and cannot find talent in the US. (This eliminates the corporate abusers who were bringing in entry level fungible talent masquerading as unique [which is what depressed wages].)

Usually, you are looking to hire overseas talent for multiple years. You budget - based upon law - for that person. Then this proclamation hits. Now what? The future could plausibly unroll like this: Year 1; $100,000 fee. Year 2, fee raised to $200,000. Year 3 $400,000, etc. (Yesterday, it could not unroll like that because Congress set the fees.)

What a job killer the proclamation will be. Sure, the newly minted STEM graduates will not face depressed wages caused by the abusers; but, for the truly unique talent the H-1b is supposed to cover, the companies will simply relocate their labs/offices/operations abroad. So, that new STEM grad will have fewer options, the company offshores its best talent, its most advanced projects, its highest paid workers. Germany, France, England are salivating; they'll offer incentives to make it easy for companies to relocate.



To: engineer who wrote (195691)9/21/2025 12:16:26 AM
From: Elroy4 Recommendations

Recommended By
Dr. John
pheilman_
Ruffian
sd_yomar

  Respond to of 196740
 
we just do not turn out the math and science graduates needed to keep up with the progress.

Why don't we increase the size of math and science University student bodies? Loads of high school students want to go to the top colleges and study science, and few can get in. UC Berkeley's acceptance rate in Computer Science is probably 5%.


So order UC Berkeley to expand it's Computer Science department by 8x. Let in more students, and fail those that cannot hack it.

What's wrong with that approach?



To: engineer who wrote (195691)9/22/2025 4:11:32 AM
From: Qurious1 Recommendation

Recommended By
Art Bechhoefer

  Read Replies (1) | Respond to of 196740
 
The unique one-way brain drain from other lands -- initially, Europe; later, Asia -- to this country has been one of the most important elements which defined "American exceptionalism."

Emma Lazarus focused on "huddled masses" and the "tempest tost." And completely missed all those best and brightest who also came through the "golden door."

Good luck when you mess with that door.