wages
Workers, Wages, and H-1B
H-1B visas were designed to bring into the U.S. specialists when companies cannot find an American citizen with equivalent skills. Or they cannot find sufficient quantities of these specialized skills. In a recent study, U.S. Citizenship & Immigration Services found that 13% of the requests for H-1B visas were fraudulent and 7% contain technical violations.
Growth, Debt and Outsourcing
Economic growth in the U.S. has averaged 2.7% over the past years. Taking out personal consumption, the growth was 1.3% per year in 10 years ending in 2007. That is the slowest growth rate since the 1950s. U.S. consumers have run up about $3 trillion in excess borrowing and spending over the same period. This