Immigration
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X @The Economist
The Economist· 2025-10-09 19:05
Without immigrants America’s medal haul would be much smaller https://t.co/1wZ0HYIkgB ...
Nvidia CEO Jensen Huang on Trump's H-1B visa changes
CNBC Television· 2025-10-09 18:45
Immigration is the foundation of the American dream. Uh this ideal that that uh anyone can come to America and through hard work and some talent be able to build a better future for yourself. Um my parents came here because of the American dream and wanting us to be able to enjoy the the the opportunities and and uh uh uh this incredible country that that is America.And I think this ideal um and this this dream is a is um common around the world. Only America has a word a phrase that says the American dream ...
X @Nick Szabo
Nick Szabo· 2025-10-09 16:22
RT Nick Timothy MP (@NJ_Timothy)Not all cultures are equal and not all immigrants are the same.72% of British Somalis live in social housing.1 in 3 adults of Pakistani and Bangladeshi heritage are economically inactive.1 in 50 Albanians here are in prison.From my speech to @theTPA on Monday: https://t.co/MB0Qj1ovTj ...
How Trump’s $100K H-1B Visa Fee Will Reshape Big Tech
CNBC· 2025-10-09 16:01
H-1B Visa Program Changes & Impact - US President Trump proposed a $100,000 fee on H-1B visas, significantly higher than the current typical fee of a couple thousand dollars, aiming to incentivize the hiring of American workers [1][2] - The H-1B visa program, established by the IMMACT 1990, aims to attract highly skilled talent to the US, with a statutory cap of 65,000 visas annually, plus an additional 20,000 for those with US master's degrees or higher, totaling 85,000 [4][5] - The program grants a three-year visa, renewable once for a total of six years, designed to address labor supply gaps, particularly in the technology sector, requiring beneficiaries to hold at least a bachelor's degree [5][6][7] Beneficiaries & Concerns - India is the largest beneficiary of the H-1B program, followed by China, with Amazon being the top company beneficiary, holding approximately 10,000 visas [7][8] - Concerns exist that the H-1B program may function to bring in cheaper labor, potentially displacing American workers and suppressing wages [10] - The proposed changes, including higher wages for selection in the lottery, could disproportionately affect startups and smaller businesses with limited budgets [3][12] Economic & Strategic Implications - The new policy is expected to decrease demand for H-1B visas, leading companies to seek domestic talent, potentially increasing demand for US workers [14] - Restrictions on H-1B visas may induce multinational companies to offshore more vigorously, potentially benefiting countries like India in the medium term [17] - Stricter US immigration policies could create opportunities for other countries, such as the UK, Europe, and China, to attract global talent, with China already streamlining its visa process [18][19] - The changes are viewed by some as an attack on legal immigration, potentially harming US innovation and fostering innovation in emerging markets [13][20][21]
X @Bloomberg
Bloomberg· 2025-10-09 15:24
Labor Market Analysis - Slower immigration reduces the need for strong job gains to maintain a stable unemployment rate [1] - Recent payroll declines may not be as concerning due to the immigration slowdown [1] Source - Federal Reserve Bank of Dallas research [1]
X @Nick Szabo
Nick Szabo· 2025-10-09 14:04
Immigration Policy Concerns - The H-1B visa program is viewed as detrimental [1] - Concerns exist that the H-1B visa program lowers wages [1] - The program is perceived to displace American workers with foreign nationals [1] - American college graduates are believed to have limited job opportunities due to the H-1B visa program [1]
X @Bloomberg
Bloomberg· 2025-10-09 13:30
Trump’s plan to send hundreds of troops to Oregon and Illinois to counter protests against his immigration crackdown faces two major tests in court https://t.co/CQcPRoAkA6 ...
X @Bloomberg
Bloomberg· 2025-10-09 10:15
Sensible visa reform could hardly be more urgent. The last thing the US should do is make it harder for prized recruits to come (via @opinion) https://t.co/e2UXaAuXQR ...
X @Nick Szabo
Nick Szabo· 2025-10-09 05:20
RT Senator Eric Schmitt (@SenEricSchmitt)It isn't just illegal immigration.There are serious problems with LEGAL immigration, too.Programs like the H-1B visa aren't being used to attract the "best and brightest."They're being used to replace American workers with imported foreign labor. https://t.co/35ohJfmtoL ...
X @The Economist
The Economist· 2025-10-08 22:15
Preventing innovators and workers from entering America not only takes aim at a pillar of the country’s success—it does so at a time when the native-born workforce is fast greying https://t.co/Wo7j5fwFhGIllustration: Simon Bailly / Sepia https://t.co/WD7fertrT3 ...