Private equity and Wall Street want in on the action. It is really what it boils down to. There will be virtual implicit guarantees that they will get bailed out if they go belly up. It doesn't matter how screwed up their books or risk-taking are. They won't go to jail—just cash checks and pay a small fine.
I would be willing to bet he’s fired more senior officials that were his own noms than any other president. Some people think that’s a good thing, but I think it’s a sign of being a terrible judge of talent.
The opportunity to raise rates on a captive target market with an implicit government guarantee: the results will eventually be another S&L Crisis replay with the tax payers bailing out the culprits and no one goes to jail. Cue up quotes from Willy Sutton, H.L. Mencken, and P.T Barnum.
My guess is Trump senses weakness in Putin’s current position. I would expect him to use that in a negotiated peace. Wouldn’t be surprised to see him hint at a much greater US involvement should Russia not accept certain terms. We will see.
Plus Biden is giving them 1B before leaving office, that Trump knows will tide them over along with Trumps 'reduced aid'. He doesn't have to claim Biden's package, but it all makes Putin suffer during peace negotiations.
That's a nice way of discouraging high level R4 stem students from applying for immigration. Kick them out when they try to come back for their studies that they have been participating in here.
If we’re going to set yearly immigration limits similar to Canada then I assume this is a way to assure we see a balanced educational mix of those coming to the US. Whether such a mix is a desirable outcome is the question.
Same people who have been running US Healthcare for decades….the huge corporations and their lobbyist
Canada is up in arms over their immigration policies right now. They’re probably not a good model.
Wouldn’t limiting the number of international students better solve your issue? Something I’ve never seen you advocate btw. Workers at least are helping our companies innovate and produce technology related products which benefits the US and its citizens. International students add little to the US economy other than pay tuition to a university. While taking what they learn back to their own countries.
I’m all for limiting the number of international students. I think we have sold China much of our technological advantage in terms of education. I would support not doing that, but we would have to rethink the higher ed funding model.
my company went to off-shore tech support. it was painful to get started and it didn't work as advertised.
What the heck does offshore tech support have to do with H1B visas to foreign workers? If the foreign workers are integrated into an American firm, that has nothing to do with hiring the foreign tech support. That's comparing American apples to Indian grapefruit.
I think he was riffing on my comment about offshore developers. I will say that the jobs currently given to many H1B’s, at least in the technology and engineering side of things (I couldn’t say in other industries like medicine or finance), are not so cream of the crop that Americans couldn’t do them. Companies just want to depress their wage rates and deliver projects for cheap. These jobs tend to be somewhat entry or early career level.
