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!"
Read the full story