Trump keeps his enemies close, friends distant – the result confuses everyone, including his base voters
The average American could care less who is the President or which party has control of Congress, but everyone who watches the news is confused about what Donald Trump really believes.
The only sure and consistent Trump initiative has been the 2018 Budget to cut taxes for big corporations – dropping their income tax support of public services from 35% to 21% of profits, and introducing a territorial system so that U.S. companies’ overseas earnings will be taxed at 0%. On the other hand, retirees will continue to pay income tax on their earned Social Security benefits.
Attribute that business subservience to the appointment of financiers Steve Mnuchin, Secretary of the Treasury, and Gary Cohn, National Economics Council Director. How could either of these fat cats promote campaign promises to rid us of Wall Street influence? Continue reading →
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 →
Senator Tom Cotton (R-ARK) recently challenged the perpetual talking point used to rationalize taking away American jobs to give them to H-2B Visa holders.
A lot of the arguments for this kind of program boil down to this: No American worker will do that job. That is a lie. It is a lie. There is no job that Americans will not do.
If the wage is decent and the employer obeys the law, Americans will do the job. And if it’s not, they should pay higher wages. To say anything else is an insult to the work ethic of the American people, who make this country run.
Sounds like “Make America Great Again” – President Donald Trump’s rally call – but the White House apparently wasn’t listening to Cotton Continue reading →
Thursday was another bad day for American jobs as Microsoft – the once All American innovator – began to end the livelihoods of 3,000 families, a process called “downsizing” by the elites.
A spokesperson for founder Bill Gates called this job slaughter simply “changes” to “better serve our customers and partners.”
Today, we are taking steps to notify some employees that their jobs are under consideration or that their positions will be eliminated,” the Microsoft spokesperson told CNBC. “Like all companies, we evaluate our business on a regular basis. This can result in increased investment in some places and, from time-to-time, re-deployment in others.
Meanwhile, foreign workers are being hired by the Seattle gang through the H-1B visa and Optional Practical Training (OPT) program. Microsoft is one of the top recruiters of the some 330,000 foreign nationals (in 2016), who get to remain in the U.S. after graduating from Continue reading →
American universities produce the best software engineers, IT managers and programmers in the world, but many can’t find a job or have taken pay cuts in recent years.
India’s , 20+ years of being a software engineer at various levels, explains why in a comment on Quora:
Because there are too many software engineers in India, and not enough in the US.
Because India is churning out 1 million new engineers every year, whereas the industry requires only about 200,000 of them.
Because the “average” fresh software engineering graduate in India can barely program, and 40% of them fail the Fizz Buzz test (as per actual data we’ve collected over the last 2 years), whereas the average software engineering graduate in the US is likely to be much better (as per my anecdotal data).
Why is the median salary of a software engineer in India around whereas in US it is $71k(ie ), which is nearly 12.4 times that of India, but the cost of living or equivalent salary of US is considered to be only 4 to 5 times that of Indian salary?
Which brings me to the one bright hope in recent years that the abominable H-1B Continue reading →
That buy your green card pitch by Kushner’s sister in China renews controversy over visas for the rich
If you had $300 during the Civil War you could avoid that first Draft by just paying the dough and walking away. No money, you could go to jail or possibly become one of the 620,000 Americans killed on the battlefields.
When it comes to citizenship, the rich don’t need to climb that wall or swim that Rio Grande, now they just put up money, $500,000 or more to be exact, to invest in some project in the U.S. and agree that somehow that will create ten new jobs.
Some 85% of all these “investment citizens” are from China. The deal is called EB-5 Visa, and not only can you become an American, but so can the wife and children – all for the same price.
By this criterion, anyone with enough money can buy citizenship. Poor folks need not apply.
The program was extended last week by President Donald Trump, even though he said he had qualms about it during the campaign last year. The day after he signed the extension, the Kushner organization was in Beijing, selling investments in the luxury apartment building, One Journal Square, that is set to be built next year in Jersey City. A brochure blasted:
“Invest $500,000 and immigrate to the United States.”
For eight summers she did the kind of job Americans don’t want to do, according to the “experts” – picking blueberries on a New Jersey farm. After her parents divorced, she was just three, and was raised by her mother, grandmother and two unmarried aunts. Her first big accomplishment was winning the New Jersey Blueberry Princess pageant at age 16.
Four years later she won the World Champion Blueberry Packing competition. She could pack 300 crates a day. Although she also excelled as a student and cheerleader at St. Joseph’s High, her heart was with the farm:
“Everything I learned about life and business started on that farm.”
Cascade Investment LLC is a private investment and holding company.
The company describes itself as a diversified investment company. Its investments include more than half the Bill Gates fortune:
- Auto Nation
- Berkshire Hathaway
- Canadian National Railway
- Dante Giovanni Corporation
- Coca Cola Femsa SAB de CV – 20% stake
- Cox Communications
- FEMSA (Mexican brewer)
- Four Seasons Hotels and Resorts – 42.5 percent
- Newport News Shipbuilding
- Otter Tail Power Company
- Pan American Silver Corporation
- Republic Services, Inc
- Sapphire Energy
- Schnitzer Steel Industries
- Wisconsin Central Transportation
No wonder Gates favors unlimited immigration and H-1b visas, changes in law that would benefit his financial interests by lowering wages and increasing American unemployment.