Thursday, May 22, 2014

HR 2131: Increasing the Labor Supply to Keep STEM Wages Low?

HR 2131: SKILLS Visa Act, a/k/a Supplying Knowledge-based Immigrants and Lifting Levels of STEM Visas Act, co-sponsored by many prominent Republicans, including our local congressman, was promoted to
To amend the Immigration and Nationality Act to enhance American competitiveness through the encouragement of high-skilled immigration, and for other purposes.
From its summary the Act would
set worldwide employment-based immigration levels at: (1) 140,000 through FY2013, and (2) 235,000 beginning in FY 2014 reduced by the number of returned visas resulting from the elimination of the diversity immigrant program.
It seems that American Citizens will be getting it at both ends of the STEM: Increase the domestic supply of STEM workers by government subsidies or credits, and import more from out of the country... At a time when there IS NO SHORTAGE.

That's "free market" for ya!

1 comment:

Rupen Shah said...

Worker supply is increased by increasing h1b not green card..instead of concentrating on h1b increase from 65k to 195k, this article concentrates on green card which is just marginally getting increased compared to h1b..this article conveniently ignores the fact that, green card is given to people who are already working here, unlike h1b which imports people