Offshoring & H1 / L1 Job Losses [View All]

Source: ireport

The offshoring and H1-B / L-1 importing of cheap high-skilled technical labor has been going on unabated since 1996. Both major political parties have supported it. The cost to the country is staggering. Nearly 2.5 million high paying jobs formally held by Americans have been lost. In the past 10 years, that is over 1 Trillion US Dollars of lost income, lost tax revenue and lost consumer spending. Mostly to India.



Pro-globalization pundits like the NY Times Thomas Friedman have pounded the pro-Business platform saying the money lost will return to the US in terms of increased foreign purchases and trade. I don’t see India buying Boeing Aircraft (they buy mostly Russian or Airbus Aircraft), Caterpillar Earth Movers, GE Generators or John Deer Tractors. They don’t even buy American Agriculture products. India is all about India.



The tag line from the politicians (I've contacted every Representative and Senator from the 5 states I have lived or had an interest in) that we need better education to improve our skilled work force is a total crock.



Three of my closest friends and colleagues have been out of work anywhere from 6 to 18 months. These are all people with over 20 year’s experience. The problem is, they were so experienced they were overpaid according to current Business models.



You can't blame Business. They have to compete globally. When Business has to factor in Affirmative Action, Workplace Discrimination and Disability Lawsuit expenses, which don't occur offshore and are unheard of with H-1 & L-1 workers, it's no wonder they're looking to reduce their costs.



Something has to give. The American High-Tech worker is being squeezed to death from both ends.



Sadly, I don't see any changes coming for at least another 10 years. For my friends and colleagues and eventually myself, that will be too late.

Read more: http://www.ireport.com/docs/DOC-246138