Bernie Sanders, Presidential Candidate and H-1B Skeptic
Presto Vivace writes: The H-1B visa issue rarely surfaces during presidential races, and that's what makes the entrance by Sen. Bernie Sanders (I-Vt.) into the 2016 presidential race so interesting. ... ...Sanders is very skeptical of the H-1B program, and has lambasted tech firms for hiring visa workers at the same time they're cutting staff. He's especially critical of the visa's use in offshore outsourcing.
Does Sanders have any chance to become president? Bush and Clinton... been there, done that, both long term disasters.
If you'd like to focus on Bernie Sanders' view on H-1B Visas, that's fine. But let's not forget that his remarks and avowed beliefs of Socialism are what really make him an interesting candidate for the Democratic Party, contrasted with the free-market, capitalist beliefs of his opponents.
Just a personal opinion, so take it for whatever you think it's worth. But IMO, Sanders is more of a campaign disruptor than a serious contender for the next presidential election.
He's known as a political "Independent" but as others have already noted, he's more of a Socialist really. I see some value in him wanting to bring up the H1-B VISA issue, but primarily so it encourages the other candidates to debate it.
I also hear quite a few comments from those supposedly disillusioned with "free market capitalism", so some of these people will surely find Sanders an interesting alternative. I find that quite unfortunate though. Personally, I'm still pretty firmly convinced that free market concepts really never got a fair shake in the U.S. in the first place. So often, we're sold that label while reality is quite different. Heck, I was just debating the whole issue with a friend of mine last week about the deregulation of the power companies and the disaster that created for California. He used it as a prime example of why free markets aren't really viable or desirable. I countered that actually, that was FAR more an example of fraud than anything else -- a problem that transcends politics or the type of marketplace you're working with. In fact, much of the scamming going on with all of that was only made possible because GOVERNMENT was still expected to make payments towards keeping the infrastructure working! (They had legislation in place where government would start paying out money whenever the utilization of the power lines went above a certain percentage of their maximum capabilities. Therefore, crooked businesses like Enron would create false entries, reserving utilization that was never really happening to fake capacity limits being hit and profit from the govt. funding that was theoretically going to upgrading that infrastructure.)
Time and time again, this is what I really see happening.... People get frustrated or disgusted at something that supposedly happens because of a lack of governmental controls. But a closer look makes you realize it was only due to government interference or control in the FIRST place that the scenario was set up. The net neutrality debates would probably be another example of this. Sure, we need government to step in and tell Comcast, "No! You can't merge with Time Warner!" now. BUT that scenario was QUITE unlikely to have ever happened in the first place if broadband internet service was handled in the private sector in the first place, minus govt. regulated monopolies getting preferential treatment when the services were first getting built out.
Paying for them is a simple matter of raising taxes on wealthy people.
That's a brave thing for a wealthy person like yourself to say and I commend it. Wait, what? You aren't actually wealthy, and instead you just think that somebody who is "not you" should pay for it? Oh, that seems a little more convenient.
While marginal tax rates in the US are not nearly as high as those in many parts of Europe, our income tax system is progressive (i.e. rich pay more) and the lower tax burden is disporportionately structured to benefit the less wealthy. According to the nonpartisan Tax Foundation, "taxpayers with income over $100,000 a year earn 60 percent of the nation's income and pay 95.2 percent of the income taxes in the United States." Additionally, according to that same source, "Those making over $200,000 comprise just over 5 percent of the nation's taxpayers, earn 32.3 percent of the income, but pay 46.7 percent of total federal taxes and 70 percent of federal income taxes." European systems are actually more "fair" in the sense that larger portions of their incomes are collected in regressive taxes (i.e. everyone pays the same so poor feel it more) like the VAT.
Let's be grown-ups and admit that where we stand depends on where we sit. You probably are not "wealthy," whatever that means to you, and taxing those smug bastards sure sounds good to you, right? Conversely, I am not a "one percenter" (at least not in my state or region), but am part of a family with two working spouses with tech management jobs, and my family's Federal tax bill this year before adjustments and deductions closely approached six figures, or just slightly less than double the median income of the United States.
To someone who is certainly comfortable but by no means rolling in it - child care is ludicrously expensive, and we save as much as is feasible for retirement, taking a lot off our topline income - "oh let's just throw more taxes on people with money" does not sound nearly as good to me as it apparently does to you.
"95% of all Slashdot
This year's deficit is about $750 billion. I think you're emboldened quote is a little out of date.
Well, I don't really think rich people should pay for it ALL. Just a lot of it.
But let's look at that math. According to http://www.forbes.com/sites/mo...
the top 1% average in 2012 was $717,000 per household and there are roughly 1.2 million such households. Their income was therefore about $880 billion. Figures aren't in for last year but it's safe to say they're considerably higher.
The deficit last year was $564 billion. So yes, they could pay the deficit and have money to spare.
If you recognize that nobody's proposing that they do it without help from the moderately well-off, it starts looking not at all out of reach.
But paying the deficit wasn't even my point. If you want to nationalize health care, you do it with taxes. INSTEAD of the health-insurance premiums and all the nickel and your-whole-bank-account charges we pay now. Not in addition, INSTEAD.
Actually, there were a lot of people complaining about the deficit in Bush's last two years in office.
Let's look at all the numbers and not just your cherry-picked selection (these numbers are total - both on- and off-budget, source is the GPO):
2002 - 157 billion
2003 - 377 billion
2004 - 412 billion
2005 - 318 billion
2006 - 248 billion
2007 - 160 billion
2008 - 458 bilion
2009 - 1,412 billion
What, you might ask, happened in 2008? Oh yeah, that's the first fiscal year where the budget was passed by a Democratic controlled Congress. There were plenty of us begging that Bush veto those Congressional bills and he failed to do so in order to keep up the support he needed for the war.
The last year of the Bush presidency is very interesting as it relates to the budget. At the time there were a number of companies failing. Obama had been elected and Bush asked Obama what he wanted to have done. The incoming Obama administration had a lot of say in what was passed and Bush gave him full support. Even more interesting is that the TARP fund was fully funded in that budget and, hence, the huge number. However, the repayments of TARP were accounted for in the fiscal years in which they occurred. In essence, much of the budget deficits until TARP was repaid were artificially lower because they, in essence, borrowed from fiscal year 2009.