Tech unemployment is still murderously high, so it's no surprise that it took a nearly 10 months to hand out 65,000 H-1B petitions for 2011. That's the longest wait to fill the quota in about seven years, but that hasn't stopped anti-employee forces from hatching a scheme to allow an additional 55,000 graduates to stay in the country and push even more U.S. workers out the door.
What's more, a new survey of CFOs by accounting and consulting firm BDO USA points to a renewed wave of mergers and acquisitions in the software industry, a trend that always results in heavy job losses as workforces and information systems are consolidated.
I don't blame the foreign-born techies and graduate students who want to work here; after all, everyone dreams of a better life for themselves and their families. But the corporados and right-wing politicians behind the move to open the doors even wider aren't interested in the welfare of the deserving foreign-born.
Ultimately, they want to drive down everyone's pay and make the workforce even more docile and fearful than it is today. Indeed, it's well-known that many H-1B holders wind up working for wages that are significantly lower than those paid to American workers.
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http://www.infoworld.com/d/the-industry-standard/beware-the-plot-increase-h-1b-visas-269