Ted Cruz Wants Minimum H-1B Wage of $110,000 (computerworld.com)
dcblogs writes: U.S. Sen. Ted Cruz (R-Texas), who is seeking the Republican presidential nomination, has morphed from a vocal supporter of the H-1B program to a leading critic of it. He has done so in a new H-1B reform bill (PDF) that sets a minimum wage of $110,000 for H-1B workers. By raising the cost of temporary visa workers, Cruz is hoping to discourage their use. Cruz also wants to eliminate Optional Practical Training Program (OPT). The co-sponsor of this bill, The American Jobs First Act of 2015, is U.S. Sen. Jeff Sessions (R-Ala.), who called the OPT program "a backdoor method for replacing American workers."
That's still poverty in Silicon Valley
Good luck with that.
No way will corporations and the lobbying of the chamber of commerce allow this intrusion of socialism to harm profits! Every .com and software company in existence will freak out and open their wallets in unifying opposition!
I guess it shows the goverment hasn't worked for it's people in the US for a long time now. This is a show for votes as no way this will pass.
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Companies are going to do whatever makes the most money. The H1-B program gets them cheap labor in the US. Take away cheap labor, jobs will simply move offshore. If the labor is at least based in the US, those workers are still participating in the US economy.
I don't like Ted Cruz. I don't like that he has double-standards. I think he's a hypocrite. And I don't like the platform he has chosen to run on.
But a good idea is a good idea. And when someone we disagree with shares a good idea, we should unite behind it, rather than censor it because of its source. If we don't, we just divide this nation further.
First "loophole" I could think of off the top of my head would be: "Sure we'll pay them $110K". Oh, those jobs include no paid health benefits, no vacation, no sick leave. That could drop the "cost" of the employee down to someone making $70K.
While that sounds bad at first, it wouldn't really be horrible, heck I might even be interested in having all the cash my employer was willing to put out and leave it up to me to spend it. For couples where the other spouse has a good deal on insurance, it might be nice to have the money rather than overlapping policies.
Add $80,000 to that number for any H1B in California or New York City.
Honestly, H1B is NOT for cheap labor, it 's for highly skilled professionals that you cant find anywhere else. Force the scumbag CEO's to pay for them.
Do not look at laser with remaining good eye.
If they could offshore these jobs they would already have done it.
Just get everyone to agree on the precise boundary of what "free trade" is. Can you buy animals? Can you buy water rights? Can you own ideas? Writing? People? What about land? What if I just have enough guns?
Your notions of property rights might seem obvious to you, but not everyone agrees with you. We, as a community, must come to a consensus. One man's free trade is another man's anarchy, and another's totalitarianism. Can't tell if I'm responding to sarcasm or not.
If a company truly needs expertise that just simply cannot be found in the US, then a six figure salary is probably a bargain. Of course, this will never pass.I can dream, though.
If it does pass, I'm leaving the country and coming back on a visa.
Ted Cruz used to be the Republican candidate who I considered the most arrogant, and most annoying to listen to (he started running for president years ago!). Sometimes things change.
No, I still think Cruz is annoying, arrogant, etc. etc... but on this one particular issue he is right and has put forward a good proposal.
We really need to get past partisan politics where whole issues get misappropriated by political parties. People are not stereotypes and ideas should matter more than the color of their party.