I hope this cripples the companies that backed MAGA. Unfortunately, it'll put small businesses out completely though.
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usually its tech that will likely have to choose between offshoring thier employees or hire domestically. they will choose the former rather than latter, because its cheaper.
And will corporations learn that Republicans are as bad for business as they are for civil rights, human rights, natural rights, and any other kind of right?
No. They will not. Because a handful of multibillionaires own and control all the corporations.
they also control most if not all of the MSM and social media as a propaganda arm of conservatives.
This is all about the grift. It is just another way to force businesses to come groveling to this administration. More corruption and bribes will ensue with exceptions for those who play ball.
This doesn't just affect corporations, it will also severely impact universities who hire professors and lecturers from all over the world on this type of visa. Schools are not going to be able to afford this, further eroding the quality of higher education in the US.
Aren't US universities paying millions of dollars for their football coaches and stadiums? They can afford it, of course doesn't mean they will.
Mine sure isn't. We were having funding problems before the pandemic.
so did ours state university system in the west coast, apparently they had been suffering from enrollment issue for years(covid just made it worst because people dint learn anything by being only on online classes, plus almost no job prospects after graduations), last i read on latest news is they are enticing HS to enroll early, if they complete certain requirements(so guaranteed seats in the state uni), its a bandaid. Cant say the same for the University or UC system(which i heard is not affected for the moment.
and pre-pandemic , people were already not happy with how little they got out of thier university(wet lab experience, x experience)
There are donors who donate to the sports teams and donors who donate to the academic side etc it’s different money the institutions have to keep separate
It's not as simple as that. Where money comes from and goes to are complicated enough, but paying $100k sponsorship, per year, per person hired from abroad would be just like adding that sum to their payroll, and that would monkey wrench the gears spectacularly.
Not just universities. There are a couple of K-8 language immersion schools in my city that are likely not to survive this.
I actually had this idea myself, with the idea being that corporations should basically pay a tax for H1B if they are going to keep hiring H1B over domestic workers. However, my idea was tied to hours worked, so they can't exploit them with unfair workloads.
if they restrict h1b visas, nothing stopping them from solely hiring Indians in INDIA without having them move to the US, so no visa needed, thereby circumventing the visas. they probably will hire domestically, mostly senior or "x amount experience" so they can keep things from falling apart or training the overseas team.
So after the Hyundai-LG plant raid he tweeted it was a mistake and that he needed skilled engineers for company’s building in the US. That they’re very important.
Then announces that those same engineers will need to pay 100k to get in.
Slow-clap for his brilliance.
I think you're slightly misstating things. Those engineers will not pay 100K, it makes no sense at all. A potential employer could pay, but there's no chance an employee would.
I’m sure the employers definitely will
i think those engineers from korea uses a different visa? korea already kinda relented to trumps demands.
Trump isn't making these calls play-by-play. He set ICE loose with a quota. Shit happens. "Not like that!" His handlers are scrambling to contain the nonsense. Don't expect it to make sense.
He's a Russian asset with dementia, shepherded by a mentally ill, psychopathic, Christian Taliban.
This is the best they can do. Either way, Ji and Putin win.
Here we go again with the russian asset stuff. He's his own asset. He doesn't know what he's doing, he's inept. To think that there's some master plan he's trying to get at is foolish. He's the heritage foundation's asset if anything.
Don't you know? Americans can't be racist and stupid!
These visas are used to depress wages. They pay these guest workers less, and can get them deported at the drop of a hat. This might not be that bad of a thing.
I was going to say this too; a rare one of Trump’s policies that seems workable.
There’s supposed to be a rule where H1B permits first require the company to exhaust national hires; but they do this by simply inventing qualifications no one can fill. I don’t know how you can fix that part, but a price tag is good friction.
Still, this leads to trouble for the industries where we really don’t have any local talent. I want to say the federal government could approve exemptions ad hoc, but I doubt anyone would trust them to control that.
Is it not obvious this is just another shake down!?
It's a bad thing for america, good for all the countries that have experienced significant poaching of talent by the US, IMO.
How many geniuses from the global south get imported into the US for better wages
I think that you and /u/hector@lemmy.today are both right. The effect depends on the quality of talent that gets imported.
Importing top talent gives the US a competitive edge. Importing average people floods the labor market, depressing wages. This increases social division, adding to the profits of the capitalist class, but reducing the purchasing power of the median household.