loni

It drives me crazy when companies/media/politicians in the US claim there is a shortage of high skilled job applicants.

Bullshit.

Do you not understand supply and demand?

If you cannot fill a role, offer more money. This is #econ101 shit.

Applying for H1B applications and paying the bare minimum (60k) to comply with the law drives down the fair market rate of these positions and creates a negative feedback loop exacerbating the problem.

Companies have the money. GDP is up.

Apr 22, 2017 at 1:04amWeb
Show threadloniApr 22, 2017

If you want to pay an immigrant to come to America to fill a role, great. Pay them what you would pay an American. To do otherwise is a disservice to Americans and immigrants.

If this is not corrected I predict salaries will continue to go down while GDP increases. At the same time student loan default will continue to increase.

At some point the whole house of cards will collapse.