300 of America’s most powerful corporations have signed onto a lobbying effort to pressure the Trump administration not to cut the H1B cheap labor visa program. Silicon Valley megacorporations Facebook and Google have signed onto a letter urging for visas to be maintained, and Microsoft has as well.
The companies claim that their hiring needs reflect the ‘national interest’ and that they need to import hundreds of thousands of foreign college graduates to work for them.
“The undersigned represent employers that rely on a highly skilled, college-educated, science and engineering workforce, including non-immigrant professionals, to innovate, produce, research, develop, and lead.”
The abuse of the H1B visa system to replace American workers with cheaper and more compliant foreign visa workers is both extensive and well documented within the technology industry. The visa structure keeps its recipients dependent on their employer for legal status within the country, creating a form of de facto indentured servitude in which employers have near-complete control over the workers they sponsor for the visas.
The visa system also enables major employers to depress wages within the American workforce, allowing companies to import workers from countries with vastly lower labor and living standards. President Donald Trump’s administration is considering suspending the program on an indefinite basis in the midst of the coronavirus recession to place American workers first again, lining up the nation’s professionals to reap the gains of economic recovery. Leading immigration patriot senators are pushing for the President to place the program on ice.
"it was both surprising and encouraging to see one group that’s severely affected by the importation of foreign labor finally become self-aware and stand up for itself." https://t.co/oFq52VYFSr
— Mark Krikorian (@MarkSKrikorian) May 23, 2020
The notion of doubling down on the hiring of new American workers- even as millions of Americans are driven into unemployment through the coronavirus recession- appears simply inconsiderable for the country’s wealthiest and most affluent technology companies. Instead, they appear to prefer a nonstop flow of cheap labor to drive up their comfortable profit margins even further.
Trump Administration Warming to Prospect of Second TrumpBux Payment
Trump had earlier considered a payroll tax.
President Donald Trump suggested on Thursday that he supports a second round of direct ‘TrumpBux’ payments to individuals, a stimulus measure first utilized in March to mitigate the effects of the coronavirus recession. Most U.S. taxpayers have already received a $1,200 payment from the federal government as part of the CARES Act.
When asked about the prospect of another round of payments, the President said “I think we’re going to be helping people out” and “getting some money for them.” The fourth round of coronavirus economic stimulus legislation is likely to be the last, if it’s even enacted at all, and the President said that he supports “one more nice shot” to stimulate the economy.
Senior Trump administration officials such as Treasury Secretary Steve Mnuchin and economic advisor Kevin Hassett signaling their support for the proposal, with the former stating that he sees a “strong likelihood” the national economy will require an additional supplement of the form of stimulus.
The Trump administration appeared to be initially considering a round of payroll tax cuts as an alternative to another TrumpBux, with some questioning how such a policy would benefit the millions of Americans in industries such as the energy sector who have lost their paychecks as a result of the recession.
Congressional Democrats have attempted to ram through a sham stimulus 4.0 package filled with a progressive policy wishlist, including a provision that would grant amnesty to several million illegal immigrants. Senate Republicans and the White House essentially confirmed that the legislation was dead on arrival after passing the house.
However, Senate Majority Mitch McConnell has accepted the concept of a fourth stimulus package after raising fiscal concerns, making it likely that House Democrats will concede enough to pass a politically acceptable bill through the House. It’s possible that the parties will battle over the notion of bailing out state governments, with Republicans preferring to use resources providing payments to individuals.
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