flurben

That is far too low, and far too bureaucratic and far too easy to game.

It should simply be a fixed number of visas allocated to the highest wage applicants, like an auction, end of story.

Nothing vile about it, it is how all governments around the world operate, for the benefit of their citizens.

Does the Indian government care about americans? How about the Chinese?

Well that is the original stated legislative intent, for "jobs local people can't do."

But in reality, this was never an enforced requirement. It is very common for expensive americans to be fired and replaced with a cheaper holder of an h1b.

American visa programs are run for the benefit of americans. Whether or not the visa holder benefits is incidental and not the point of US law.

nonsense. The point of a visa system is to expand the domestic labor pool.

The idea that cities must rebuild their infrastructure every generation is completely absurd.

What leads you to believe that cutting drug prices would cause doctors' earnings to fall?

Your argument here is not well reasoned.

Pee Wee Gaskins

soo.. do it in COBOL?

I love using GAE as well, but I'll be damned if I can find a job using it. It is almost impossible. The few that exist are in the highest-cost locations in America.

In that sense I think it's a failure; it simply hasn't been widely adopted.

At my last job I pushed for using it, and the suggestion was shot down, on the basis that "If I left they'd never find another person who knows GAE."

Thanks, iends, I appreciate the info. I'm in Charleston, and have seen maybe one or two.

I will check these out.

I'm hunting for a python job in NC/SC right now, and yeah, it's all C#, Java, JS.

MMT is simultaneously

a) a "heterodox" theory that mainstream economists don't consider entirely legitimate, and

b) precisely how central banks in the US and UK describe their own routine monetary operations.

I still struggle to understand how and why these statements can both be true.

H-1B is explicitly a non-immigrant visa.

therefore any economic consensus about immigrants is not relevant to the H-1B.

This common misunderstanding is exactly what NFAP, the right-leaning think tank who wrote this study, is trying to exploit.

The study found that 51 percent of the country’s $1 billion startup companies had at least one immigrant founder.

To say that "immigrants founded 51% of U.S. billion-dollar startups" seems a bit misleading to me.

$140k is what we're discussing in this thread. You're welcome to join us.

I did a quick comparison. This doesn't include all the costs, but it should give you an idea of what he/she means:

The median sales price of a Santa Clara County 3 bedroom house is $820,000. This is $3,877/mo, plus $850/mo property taxes, for a housing cost of $4,727/mo

That $140,000/yr is taxed at $48,922 in the state of California, leaving $91,078, or $7,589/ mo income.

CA Income ($7,589) - CA Housing Costs ($4,727) = $2,682 leftover.

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The median sales price of a Cobb County 3 bedroom house is $173,000. This is $818/mo, plus $140/mo property taxes, for a housing cost of $958/mo

That $80,000/yr is taxed at $23,600 in the state of Georgia, leaving $56,400, or $4,700/ mo income.

GA Income ($4,700) - GA Housing Costs ($958) = $3,742 leftover.

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I'm not saying my numbers are valid for every person's situation, only that this is an example of a situation where the numbers work in Atlanta's favor.

buffett also likes companies with a "moat", which (arguably) IBM's patent portfolio provides.

Also they can borrow at incredibly cheap rates, which makes them useful as a financial company. (like GE / GE Capital)

I support it. I think higher wages for unskilled and semi-skilled workers is generally a good thing.

But then, I make a conscious effort to live in an area with reasonable housing prices.

I would not call an employer's unwillingness to pay market rates a "Supply and Demand issue."

Duplin County, the subject of the article, has about 2 registered Democrats for every 1 registered Republican. They voted for Kay Hagan, and their local politicians are Democratic.