In recent weeks, the H-1B program has sparked intense debate. Billionaires like Elon Musk claim it is crucial to our economy, arguing that the United States faces a shortage of highly skilled engineers and technology professionals. They are dead wrong. The primary purpose of H-1B and other guest worker programs is not to employ the best and the brightest, but instead to replace American workers with lower-paid workers from abroad who often live as indentured servants.
The cheaper it is to hire guest workers, the more money the multi-billionaire owners of large corporations make. If there is truly a major shortage of skilled tech workers in this country, why did Tesla lay-off over 7,500 American workers last year... while applying to hire thousands of H-1B guest workers?
Together, Bezos, Musk & Zuckerberg own more wealth than the bottom half of America. Billionaires are buying elections. And there's a greater concentration of ownership than at any time since the Gilded Age. Is that the society we want for our country?
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