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by linuxftw 492 days ago
Corporations exploiting cheap labor is a bipartisan issue in the US. There doesn't seem to be any knobs that can be turned to go after corporations for exploiting cheap but legal immigrant labor. What can any administration do? "You didn't break the law, but we don't like you" isn't going to stand up in court.

What the current administration is trying to do that WILL impact corporations is raise tariffs. This will raise the cost of production overseas and on-shore some business, which will increase the demand for labor domestically.

Many people argue that this will cause inflation. I don't think it will. Consumers cannot pay with more money than they have. If some country in Asia wants to sell their wares for $10 usd, and the consumer only wants to pay $9, guess what? They're only getting $9 for the goods.

Many countries are promising reciprocal tariffs, though that's what the current administration is attempting to impose. This is also great for Americans. That means corporations have to sell goods overseas for less, meaning there is less competition for their products, which means Americans can buy for less. Corporations will HAVE to accept lower margins.

It would be great if a bill could be passed to completely eliminate all white-collar immigration. We have enough talent in this country, and the other countries need it more.

1 comments

Make companies pay 50% of the salary of someone on an H1B or other such work visa as an excise tax. You can spin this as reducing the debt and creating jobs for Americans. You'll see that practice dry up pretty quick.

Of course then they'll move more heavily to offshoring/remote, but at least then they're being honest that it was never about finding talent but suppressing wages.