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0 pointsmyrmidon6mo ago0 comments

You also get the baumol effect increasing wages even for unrelated sectors (sounds helpful at first).

The flipside is that every american industry becomes less competitive globally without the H1b guys.

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geodel6mo ago

Yeah, right India has 10-100 times more H1B level talent that they send to US.

And it is the 10 times more competitive economy compared to non H1B importing nations.

j / k navigate · click thread line to collapse

0 pointsmyrmidon6mo ago0 comments

You also get the baumol effect increasing wages even for unrelated sectors (sounds helpful at first).

The flipside is that every american industry becomes less competitive globally without the H1b guys.

geodel6mo ago

Yeah, right India has 10-100 times more H1B level talent that they send to US.

And it is the 10 times more competitive economy compared to non H1B importing nations.

j / k navigate · click thread line to collapse