Bernie Sanders slams Elon Musk for H-1B visa | Political News

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Bernie Sanders slams Elon Musk for H-1B visa | Political News


“Elon Musk and a number of other billionaire tech company owners have argued that this federal program is vital to our economy because of the scarcity of highly skilled American engineers and other tech workers. I disagree,” the assertion reads.

“The main function of the H-1B visa program and other guest worker initiatives is not to hire ‘the best and the brightest,’ but rather to replace good-paying American jobs with low-wage indentured servants from abroad. The cheaper the labor they hire, the more money the billionaires make.”

He notes that the highest 30 firms utilizing this program laid off a minimum of 85,000 American staff whereas hiring 34,000 new H-1B visitor staff between 2022 to 2023.

Some estimates, he claims, recommend that 33% of new data technology jobs are occupied by international visitor staff.

He took purpose at Musk for taking benefit of this system, offering lower-than-average wages and shedding 1000’s of American staff.

Sanders mentioned within the assertion that he believes this system must be “utilized” for “very short-term and temporary” causes.

“In the long term, if the United States is going to be able to compete in a global economy, we must make sure that we have the best educated workforce in the world.

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He offered various remedies to the issue, including raising guest worker fees for corporations to fund scholarships and job training and raising the minimum wage, among others.

Sanders declared, “The widespread company abuse of the H-1B program have to be ended. Bottom line. It ought to by no means be cheaper for a company to rent a visitor employee from abroad than an American employee.”

He traced the issue to “unfettered free commerce agreements” such as NAFTA and Permanent Normal Trade Relations with China (PNTR) from three decades ago that put blue-collar manufacturing jobs at risk.

“They promised that these misplaced jobs could be more than offset by the various good-paying, white-collar data technology jobs that might be created within the United States. Well, that turned out to be a Big Lie.”

He noted how corporations have exported millions of blue-collar manufacturing jobs to China, Mexico and other low-wage countries while importing scores of low-paid guest workers to fill the white-collar technology jobs.

“At a time of large income and wealth inequality, when the richest three people in America proper now own more wealth than the underside half of our nation and when the CEOs of main firms make virtually 300 occasions more than their average staff, we need fundemental change in our financial insurance policies.

“We need an economy that works for all, not just the few. And one important way forward in that direction is to bring about major reforms in the H-1B program.”

Nearly twenty years in the past, Sanders articulated related frustrations with the H-1B visa program with CNN’s Lou Dobbs.

“If poverty is increasing, and if wages are going down, I don’t know why we need millions of people to be coming into this country as guest workers who will work for lower wages than American workers and drive wages down even lower than they are right now,” Sanders mentioned on the time.

Dobbs famous that Bill Gates, then the richest man on the earth, wished limitless H-1B visas. He additionally pointed to the truth that this system is broadly exploited by India-focused IT outsourcing companies.

Sanders responded, “You raise a good point in that the sole immigration guest worker concept is the other side of the trade issue. On one hand, you have large multinational [corporations] shut down plants in America and move to China, and, on the other hand, the service industry brings in low-wage workers from abroad.

“The consequence is similar: The center class will get shrunken and wages go down.”

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