Most Bachelor of Science jobs are held by foreigners in Silicon Valley and owners want it to stay that way
Some 57 out of every 100 jobs in Silicon Valley requiring a bachelor’s degree or higher are filled by someone who wasn’t born in the U.S., according to a boast by Carl Guardino, president of the Silicon Valley Leadership Group.
Guardino, who wants President Donald Trump to grant DACA (ages 16-34) amnesty, said that loss of illegal workers would be “particularly damaging in Silicon Valley”, where they are part of the region’s tech world labor pool. Of the nation’s 800,000 Deferred Action for Childhood Arrivals (DACA), about 230,000 are in California.
This business leader seems oblivious to reality. Every job held by a non-citizen means one less job for an American, and leads to lower wages in that skill or profession.
Foreign workers don’t strike, complain about excessive hours, report pervert bosses or otherwise make waves – fearing reporting by employers to authorities. Their bargaining power in the marketplace rivals the 1800s’ cotton field slaves, but lacking even minimal guaranteed healthcare, food or shelter. Meanwhile, on a brighter note for Silicon Valley, Jeff Bezos, marked a milestone this week, when his personal wealth exceeded $100 billion. Continue reading →
Other countries want you as a university student – English-speaking classes with virtually no tuition
If you are not a resident of Pennsylvania you can still earn a nursing degree at Penn State University in four years at a tuition-only cost of $154,600.
And you don’t have to speak German?
Public universities in Germany charge no tuition to anyone, including Americans , ugly or otherwise. Classes are offered in spoken English.
Students, who want degrees (in English) from among the world’s best institutions, can enroll in schools like University of Munich, University of Hamburg or Ruprecht Karl University of Heidelberg, three of the country’s best schools, and pay no tuition. Some years ago the government initiated a $500 a semester tuition charge, but students revolted and it was eliminated.
American students enrolled in public universities in Slovenia Continue reading →
Lies about “repatriation” from the media and elites. Most of the targeted cash is already in U.S. banks.
Stagnant wages. Windfalls for the politically connected. A new tax plan primarily for the rich.
Just 13 years have passed since the 2004 tax repatriation holiday, which created nearly no new jobs for American workers, but was instead used almost entirely by multinationals for stock dividends and buybacks. Many corporate execs and shareholders became instantly rich from this tax holiday, while workers’ wages were stagnant.
The GOP’s new plan is more of the same for one simple reason:
That $2.6 trillion, which every politician and media pundit loves to cite as a boon to America, cannot come back to the United states, because the vast majority of the money is already here.
This cash is invested in U.S. Treasury notes, U.S. agency securities, U.S. mortgage backed securities, or U.S. dollar-denominated corporate notes and bonds. And no corporate income tax has been levied on these trillions of dollars. Continue reading →