The existence of a system that allows for companies to pay foreign labor well below market puts a downward pressure on compensation for everyone in industries that take advantage of it.
You mention that there are Americans who also struggle but I fail to see how that’s an argument in favor of systematic underpaying of foreign workers who are bound to a single employer (modern day indentured servitude). It’s the job of the government to improve the lives of its citizens and to protect their jobs, not to help foreign nationals improve their lives or to help businesses boost their profits at the expense of American salaries.
I’m all for immigration and fair pay. I’ve done it myself. But I don’t want to have to live as you described if at all possible. And I prefer that if you are talented enough to make it to the USA then you should be able to profit equally like Americans.
If forcing companies to pay equal salaries for foreign nationals stops the inflow of H1Bs, then this means that there are Americans capable of filling the job market. It there’s still unmet need for talent, then foreign nationals will be brought in at fair salaries
Well of course. As American citizens, its up to you to decide whom you wish have in your country. Its entirely acceptable even if you say one no should be allowed. I definitely won't make point on the lines of 'immigrants built America', its your decision. Nor am I saying that its the job of the US government to improve the lives of people over the globe. Though I believe even without others asking for it, or their consent, Americans are more than happy 'spreading democracy all over the world'.
But you can't stop any one living the way they want. There will always be people who will run/swim the extra miles, lift the extra weights, study the extra hours, eat ramen, do more than one job, walk/sleep in the cold, do the side gigs, moonlight their companies in garages. This is not slavery or anything. Slavery is stripping away people's rights without their consent, under the threat of violence. This just people wanting an edge over other humans. And regardless how you wish to live your life, there will always be people looking for that edge.
Lastly, I don't thing anyone living their life any way effects your standard of living. Your wages and compensation are decided based on how much effort your willing to put to get into a FANG. People who are willing to do that already make lots of money in a place like Bay Area.
The best thing about America, is the society goes lots of distance and makes it easy for people to do anything they want. So that at the end of the you are left with your own choice to make whatever life you want to. No immigrant is coming in your way of 'pursuit of happiness'
If you want to earn more money and want to know what's preventing you from getting it, you only have to look at the mirror.
The point the others are making isn’t about your standard of living, but your compensation.
If you hadn’t been tied to a single employer, maybe you would have gotten a job with an employer who paid more. You would have been able to reach your savings goal without living so frugally. Your employer at the time was comfortable paying you a relatively small amount because you couldn’t go anywhere else.
They’re not asking immigrants to live more lavishly. They’re asking for immigrants to be paid more so there’s less downward pressure on wages.
I am an H1B at a FAANG with top paying TC but I just fail to understand why Americans have to live this lifestyle. I get surprised when my fellow colleagues tell me than even with their high TC they don't get to save and live paycheck to paycheck. It's not a better lifestyle but just lack of financial education. American Capitalism and peer pressure is what it is.
I agree that h1b abusing employers have to be stopped and we need to raise the bar for h1b's but lets not make this a discussion about forcing a unhealthy lifestyle on immigrants.
>they don't get to save and live paycheck to paycheck. It's not a better lifestyle but just lack of financial education.
Expense will expand to cover whatever income you have. It doesn't matter how rich you are, if you are not careful you can spend your entire income and have nothing left. There are some very poor people in the world saving surprising amounts of money (for their income - when you make a dollar a week saving a few pennies is amazing)
> It doesn't matter how rich you are, if you are not careful you can spend your entire income and have nothing left.
Really? I mean, I hear people (especially SV people) say this all the time but I make a fraction of what they claim to and I rarely even have to think about money.
You are a minority from what I can tell. Most people spend whatever cash they get. Which is why automatic savings plans are commonly recommended - if the money is never seen you don't spend it.
I'm not sure the above is entirely bad - when you die the money is gone. (this is a religious question - not all agree) You need some savings for unexpected, retirement, planted larger expenses, and other situations. Beyond that, if you have money left over that you didn't spend you wasted your time at work: get a life.
You mention that there are Americans who also struggle but I fail to see how that’s an argument in favor of systematic underpaying of foreign workers who are bound to a single employer (modern day indentured servitude). It’s the job of the government to improve the lives of its citizens and to protect their jobs, not to help foreign nationals improve their lives or to help businesses boost their profits at the expense of American salaries.
I’m all for immigration and fair pay. I’ve done it myself. But I don’t want to have to live as you described if at all possible. And I prefer that if you are talented enough to make it to the USA then you should be able to profit equally like Americans.
If forcing companies to pay equal salaries for foreign nationals stops the inflow of H1Bs, then this means that there are Americans capable of filling the job market. It there’s still unmet need for talent, then foreign nationals will be brought in at fair salaries