The debate over H-1B visas is interesting because it clearly shows how globalization is not some natural force descending upon on the United States, but rather a process that is directed by the people designing policy in Washington. Depending on whether the H1-B program is restricted or expanded, workers in Science Technology Engineering and Math (STEM) fields in the United States will see higher or lower wages.
For this reason it is very clear that the pay of STEM workers is hardly the result of a natural process, it is determined by the decisions made by politicians in Washington. In a similar vein, the most highly paid professionals, like doctors and dentists, are able to use their political power to largely exclude foreign competition. In contrast, our trade policy has been designed to place U.S. manufacturing workers in direct competition with their much lower paid counterparts in the developing world. […]
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Silicon Valley Needs To Quit Whining About H1-B Visas