>"why continue to allow so many foreign nationals into the US, just to take IT and other US jobs"
Bruce;
I hope I do not sound like a broken record but I live with this every day.
Here in Silicon Valley it is hard to get a job in high tech if you are over 40. High tech pays well enough to pay the bills and it costs more to live here than any other part of the nation.
Enter H1B’s! The ultimate solution to your technical demands! H1B’s are younger which equates to lower medical claims and lower medical costs (insurance) paid by companies. Also, H1B’s do not stay here long enough to retire so they do not pay into retirement programs. Companies save money with H1B’s. They will also accept a lower wage not realizing where they are living and the costs involved.
We have 123,000 H1B’s in Silicon Valley right now. We also lost 192,000 IT jobs, and 92,000 people left the area. That might help account for the 8% housing vacancy rate.
Tom
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