I remember some years ago when Dick Gephardt was running for president and talked about an international minimum wage – something that makes enormous sense. Oh well, now that he’s a lobbyist, he probably doesn’t care anymore! From Computerworld:
Sen. Chuck Schumer (D-N.Y.) says that the H-1B program has created “multinational temp agencies” that undercut U.S. wages and discourage students from entering tech fields.
Schumer, speaking on the Senate floor in advance of its approval Thursday of $600 million for border security that includes an H-1B visa fee increase, said the H-1B program has morphed into program used to hire foreign tech workers “willing to accept less pay than their American counterparts.”
… The impact of the low-wage workers is also “discouraging many of our smartest students from entering the technology industry in the first place,” said Schumer. “Students can see that paying hundreds of thousands of dollars for advanced schooling is not worth the cost when the market is being flooded with foreign temporary workers willing do to tech work for far less pay.”
Schumer heads the Senate’s Immigration, Refugees and Border Security Committee, and is spearheading work on a comprehensive immigration bill. A bill isn’t expected until early next year, after the November election, but Schumer warned on Thursday that H-1B visa was “likely to be dramatically restricted” in the bill.