The Eighteen-Year-Old is going to college next year, which means that I need to think about making more money. (The idea that one might write checks to rather than receive checks from universities is now strange to me.) So I have signed up with the Leigh Speakers' Bureau which also handles, among many others: Chris Anderson; Suzanne Berger; Michael Boskin; Kenneth Courtis; Clive Crook; Bill Emmott; Robert H. Frank; William Goetzmann; Douglas J. Holtz-Eakin; Paul Krugman; Bill McKibben; Paul Romer; Jeffrey Sachs; Robert Shiller;James Surowiecki; Martin Wolf; Adrian Wooldridge.
Well, to help things along Bush and all the presidential candidates seem to believe bringing in more employees from undeveloped countries at lower wages would help a lot. Here's Richard Koman over at ZDNet.
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Move to increase H1B visas
Posted by Richard Koman @ April 21, 2008
From TechCrunch: House Republicans are asking the Democratic leadership to act on Bill Gates’ increasingly urgent calls for an increase in H1B visas for foreign high-tech workers. In a letter to Speaker Nancy Pelosi, the House Republican Study Group said:
As a country, we are effectively handing these highly-educated, extremely desirable individuals a diploma and a plane ticket. The message we are sending is “You can learn here, but you have to work in another country.
The Republicans asked for movement on HB 1930, which would increase the H1B cap from 65,000 to 115,000 and calls for a 20% increase every year that the cap is met.
By TC’s reckoning all three of the remaining candidates favor increasing the limit.
Posted by: Kelly | April 22, 2008 at 06:17 AM
Combinig this with slide 1, the path to profitability is through exports but with foreign talent and much lower US wages for producers. This keeps the money folks in profit wuith a radical downsizing for the rest.What would the unintended consequences be? The profit will be used to pay down debt but not benefit workers, who will not realize their production with buying power.
Posted by: Doug Carmichael | April 22, 2008 at 09:21 AM