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US House STEM Visa Bill Fails
dcblogs writes "A Republican-led effort to issue up to 55,000 STEM visas a year to students who earn advanced degrees at U.S. universities was defeated in a House vote. It needed a two-thirds vote, or about 290 ayes, for approval. Its supporters came up short, 257 to 158. Both parties support green cards for science, technology, engineering and math advanced degree grads, but can't agree on legislation. U.S. Sen. Chuck Schumer (D-NY), who has introduced his own STEM bill, urged House leaders to seek new negotiations: 'A bipartisan compromise can easily be ready for the lame duck session. There is too broad a consensus in favor of this policy to settle for gridlock.'"
When smart people with the means to immigrate come to this country Its a benefit to us even to American smart people. The idea
that immigration depresses wages is based on flawed static economic models. Immigration to the US goes down when unemployment goes up.
I want you techies to view it this way. When immigrants from asia come to this country they have little asian girls, who grow up to be
asian hotties who like marrying nerds who produce the holy grail the eurasian hottie who likes nerds.
More visas now= generations of asian and eurasian hotties for your grandsons(or granddaughters...I support equal rights for lgbt folks)
An analysis of whom the US lets in, versus other countries (Short article, has two infographics):
http://www.npr.org/blogs/money/2012/08/27/160110929/immigration-who-the-u-s-lets-in-and-why
Spoiler:
The short answer: The U.S. mostly lets in family members of people who are already in this country. Other developed countries focus much more on letting in workers.
I am an ACCA student. Got a query on Accountancy/Finance? Maybe I can help!
I agree than any additional 'supply' will lower the average wage. But I'd rather be competing against 55,000 green card holders, who can negotiate fairly with their employers for a competitive wage than completing against 55,000 H1B workers who are (mostly) tied to a single employer and have a significant disadvantage in any salary/etc. negotiation.
So does one of the parties want to eliminate/reduce the H1B visas and replace them with green cards? Because if so, then I support them on this.
If they cant agree on something as trivial as this, it appears that stopping this freight train before reaching fiscal cliff is a very real impossibility.
Perhaps. But before people go blaming Congress for all the problems with government, consider that congressmen, for the most part, are just doing whatever it takes to get re-elected. The Tea Partiers, for example, were elected on the promise that they wouldn't compromise, wouldn't work with the other side, and wouldn't let the Democrats and Obama ever accomplish anything. And they've lived up to those promises.
The American people are as much to blame as anyone. We constantly demonize the other side and our politics are increasingly polarized, we have special TV programs and web sites that reflect our own biased worldview back at us, and we elect people based on this worldview. Then we act surprised and disappointed when the people we elect can't ever get any legislation passed.
I agree than any additional 'supply' will lower the average wage.
That's not necessarily the case. You're assuming that with more people, everyone has to get a smaller slice of the pie. But the size of the pie isn't fixed. People willing to uproot themselves and their families to go halfway around the world tend to be motivated and they tend to be risk-takers. That means they start businesses at a much higher rate than native-born Americans. A recent study found that immigrants are 13% of the population, but 18% of the small business owners. They employed $4.7 million people in 2007. Some of the companies founded by immigrants become big companies as well... Sergei Brin, who was born in the USSR, founded this thing called Google you may have heard of. Immigrants are innovators as well- think of Tesla, Einstein, von Braun. So when you recruit the best and brightest the world has to offer, the technologies and companies these people found will make the economy stronger, and that will increase the number and quality of jobs.
The Daily Show the other night had a funny little piece where they talked to republicans and democrats at the national conventions to ask them how to overcome gridlock. It results in an orgy of insults directed at the other party, from both sides, that amused me pretty well.
I know it is a comedy show and perhaps can't be taken too seriously, but having family spread out between both parties, I can say it was fairly accurate in my experience. Both sides want to say that the world would be a magical fairy land if only the other side wasn't made up of complete jackasses that are only out to fuck up the plans of the other party.
In sum: yes, Tea Party has been made fun of it. But how did the Tea Party start? There's a constant bashing of Obama as a socialist and democrats as wanting to propogate a lazy welfare state. O-bum-a, Commrade Obama, I've heard it all. Name calling is on both sides, and is the main problem with our gridlock. There are groups in each party that are so desperately out to smear the other side that we never get a real debate. Personally, I do not agree with much of what the republican platform says this time around, but there is an important difference between not agreeing and going out of my way to insult people of the other party. I am sure that the majority of common people in each party (many politicians excluded) absolutely mean well for the country, and believe their platform really will be best. No secret agenda to give money to lazy welfare queens, or give tax breaks to rich people. The majority of voters aren't thinking that; they are thinking, what plan seems best to get the country going again?
When the everyday people recognize this, that just because the other approximately half of the country doesn't vote the same as you DOES NOT mean they are unpatriotic jackasses out to ruin the country, then perhaps we can get somewhere. But this is going to have to be a team effort from both parties. And I am sad to say that the current older generations of the country seem to prefer the gridlock and blame, or at least are stuck in this idea that "that's the way it is". I hope this will change with the younger generations as they start taking over congressional seats.