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March 25, 2008
 
 

USA Today Op-Ed: Stop the H-1B Feeding Frenzy of Corporate Greed


"Today we are watching an amazing spectacle: Many in Congress -- including allegedly labor-friendly Democrats -- are pushing to increase the importation of foreign labor just as the USA slips into what may be its worst recession in decades. Why? Because the greed of a handful of multinationals is demanding more and more access to 'skilled' foreign labor," says FAIR president Dan Stein in a USA Today op-ed. "Sure, we hear bogus 'studies' that claim garden-variety foreign programmers will save the U.S. economy. But former Federal Reserve Chairman Alan Greenspan recently admitted the real agenda: 'Significantly opening up immigration to skilled workers … would compete with high-income people, driving more income equality.' In 2007, he further opined that, 'Our skilled wages are higher than anywhere in the world. If we open up a significant window for skilled (foreign) workers, that would suppress the skilled-wage level and end the concentration of income.' Thanks, Alan! Having shipped so many good jobs overseas, we now find that U.S. workers who acquire job skills are overpaid!"

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