Five for One – H1-B Program Fails to Benefit American Economy
OPS_admin | Feb 08, 2010 | Comments 0
Not long ago, we took another psychological blow to our economy when Microsoft made the never-before announcement of layoffs. Having been in litigation as many times as they have, it is really amazing they haven’t escorted more en masse out the doors. “Microsued” might have been a better name.
Microsoft is one of the biggest proponents of the H1-B program, so it is no wonder they top the technology industry in H1-B hiring. Bill Gates is fond of repeating an article from the National Foundation of American Policy (NFAP) stating that for every one H1-B hired, five new American jobs are created.
Does that mean for every five Americans finding themselves in an unemployment line there is only one H1-B going home?- Microsoft recently laid off 5000 workers.– Does that mean 833 H1-B’s are buying plane tickets? Senator Charles Grassley, a republican from Iowa, wants to know the same thing.
Full Story Five for One – H1-B Program Fails to Benefit American Economy | Economy In Crisis.
Filed Under: Economy - Labor
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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