The Carter administration’s Secretary of Labor Ray Marshall best summed up the H-1B visa: “One of the best con jobs ever done on the American public and political systems…. H-1B pays below market rate. If you’ve got H-1B workers, you don’t have to do training or pay good wages.”
And yet, despite inarguable research, the beat goes on.
American job displacement occurred last year, ten years before that and, as long as the status quo remains, will continue ten years beyond today.
Silicon Valley has successfully kept itself unregulated, doing whatever it wants to do. The multibillion-dollar companies are, according to The New York Times, embedded on Capitol Hill where they flex their financial muscles to their own advantage.
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