The Senate passed the immigration bill and it’s off to the House. Bet you think it’s actually about illegal immigration and amnesty and walls. Sorry, but that’s just the cover story, allowing Congress to throw a little meat to those voters who have to work for a living and are afraid they won’t be able to.
The real voters–those who don’t have to put their votes in the ballot box because they put their votes into congressional campaign funds–they don’t care one way or the other about giving illegal aliens amnesty to do low paying jobs, they care about getting rid of highly paid white collar workers and replacing them with low paid workers from other countries. And they will get what they want no matter what the House does to the Immigration bill. And you will never hear on the news what is really going on.
If you have a white collar job, or if your spouse or parent or child has one, expect for them to have to give it up or have to take a fifty or seventy percent pay cut to keep it over the next decade. If you read the blogosphere, you may have a chance to find out what is happening…
H1-B Visa Foreign IT Workers and the Immigration Bill
IT Unemployment Is About To Take A BIG Jump UP!
From the very beginning of the Bush Administration U.S. companies have lobbied Congress and President Bush extensively to obtain greater freedom in hiring cheaper foreign technology workers via H-1B and L1 visa programs. Concurrently, U.S. companies have also been busy relocating many technology jobs offshore to India and China where salaries are a fraction of U.S.-base technology salaries and where there is no health insurance cost – because the governments of those countries provide social health care for their citizens.
President Bush and Congress are about to greatly expand the H1B and L1 “guest worker” visa programs via the giant Immigration Bill, now pending before US Congress.
There are proposals that would expand the annual H1B limit from 65,000 to 115,000 by excluding dependents which are now are counted against the cap from the total, it could mean the entry of as many as 300,000 people a year, with an option of raising the cap 20 per cent more each year.
If you don’t know what that means, try calculating 20% compound interest on 115,000 for ten years, for 20 years… A clue: by year 25 it comes to 11 million a year…and we only have three and a half million IT workers total and that has been declining due to the current influx of guestworkers. By then they will have been able to replace any white collar job currently being done by an American citizen. That means you and anybody you love. And all the money they save on your salaries goes into their bonuses.
So what is going to happen? They will work it out in committee. They will give the House some meat so the voters will think they are getting “tough on immigration” and the House and Senate will quietly allow all the guestworker provisions to sail on through. And you will never know what happened until you get laid off. And your kids come back to live in your basement.