Ted Cruz calls for minimum wage of $53 per hour ($110K/year) for H-1B holders

Lucille

Lucille

Member
Joined
Oct 30, 2007
Messages
15,019
He justifies it by saying it makes it less profitable to hire foreign workers over American citizens.
 
So is he saying that H1B's wouldn't be admitted unless they were making $110k annually or that those accepted would need to be given $110k annually. There is a bit of a difference there. For instance look at the H1B's that took the IT positions at Disney. If the Disney workers were making $80k that would make the company have to decide if the firing and change over was worth it. I dunno. One way it seems protectionist, the other like welfare.
 
Origanalist said:
He justifies it by saying it makes it less profitable to hire foreign workers over American citizens.
Click to expand...

This is an extortion to get money from tech companies. It is time they showed some love for GOP. Smart move.
 
It isn't actually a minimum wage - it's a wage restriction to keep the visas from being used to import cheap labor instead of skilled labor, which was the original intent.

Yes it's protectionist.
 
timosman said:
This is an extortion to get money from tech companies. It is time they showed some love for GOP. Smart move.
Click to expand...
This seems the likely explanation now that i think about it.

Certainly Cruz isn't trying to protect American IT workers, is he?
 
01000110 said:
This seems the likely explanation now that i think about it.

Certainly Cruz isn't trying to protect American IT workers, is he?
Click to expand...

I doubt his intention is to push this through, so no. American IT workers are f*cked anyway. Have you heard of Agile, Kanban or Scrum? :eek:
 
Origanalist said:
He justifies it by saying it makes it less profitable to hire foreign workers over American citizens.
Click to expand...

Yeah, this has been floating around for a while. The current H1-B requirements call for employers to seek American workers first, but they fake that. Massive fraud. The wage requirement is supposed to prevent employers from bringing in foreign workers just because they are cheaper.

As usual, wages are very specific to location, so a set dollar amount never quite works. That rate would be higher than average in some areas, yet in other areas, it would still be enough of a discount for employers to prefer foreign workers.
 
In general it's not a good policy. But if it drives up wages for tech workers, I might personally benefit in the short term. In the longer term it would probably just push more jobs overseas. Not sure exactly what to think.
 
Brian4Liberty said:
Yeah, this has been floating around for a while. The current H1-B requirements call for employers to seek American workers first, but they fake that. Massive fraud. The wage requirement is supposed to prevent employers from bringing in foreign workers just because they are cheaper.

As usual, wages are very specific to location, so a set dollar amount never quite works. That rate would be higher than average in some areas, yet in other areas, it would still be enough of a discount for employers to prefer foreign workers.
Click to expand...
I agree...

110K in SF wouldn't be jack.
 
wages are the #1 cost for companies. Restrictions like this, companies are more likely to station themselves overseas so they can get the talent they need and in that case there are zero jobs for Americans. That plus the tax scheme here in the US drives out millions of jobs.

I don't want any restrictions on companies to hire who they need to hire. Protectionism is one degree away from communism and a centrally planned economy. The rule makers in congress don't know jack shit about how to create jobs.
 
You must log in or register to reply here.

Similar threads

DamianTV
Ted Cruz Wants Minimum H-1B Wage of $110,000
Replies
10
Views
779
thoughtomator
thoughtomator
randomname
Jennifer Rubin calls for Cruz to join #NeverTrump after dropping out
2
Replies
23
Views
2K
angelatc
angelatc
Back
Top