Disney used the H1-B program to fire American and hire foreigners—after forcing the Americans to train their replacements. This is a program to be used just in the cases where NO Americans can do the job. In the Silicon Valley, this is how they maximize profits—the Leftists that love you being taxed, think Obama was a moderate, used lobbyists to increase their profits while killing off well paying jobs for Americans.
“Ganesan, who serves as a managing director of Menlo Ventures and the chairman of the National Venture Capital Association, said both the H-1B and startup visa programs help keep the American economy competitive, by allowing companies to hire top talent from overseas, and help foreign entrepreneurs start new companies in the U.S.
Critics of the H-1B visa program say companies–mostly in technology fields and largely based in Silicon Valley–pay H-1B visa holders less than their American colleagues, depressing wages for the industry as a whole. The country allows 85,000 H-1B visas per year.
That is just double talk—giving jobs that Americans can hold does not help America—it helps the Silicon Valley crony capitalists—using government against the citizens. Sick.
Silicon Valley VC urges Trump to continue H-1B, startup visa programs
Luke Stangel, San Francisco Business Times, 11/21/16
Silicon Valley venture capitalist Venky Ganesan this week issued a pro-immigration policy letter to President-elect Donald Trump, saying he hoped the new administration would support the H-1B visa program and the new “startup visa” program championed by the current administration.
“If we want to revive the American economy and add more good jobs, there is no reason why America shouldn’t tap the skills of foreign professionals to help us do so if we’re not undermining U.S. workers,” Ganesan said. “And we are not. There is a shortage, not an oversupply, of qualified STEM workers in America.”
Ganesan, who serves as a managing director of Menlo Ventures and the chairman of the National Venture Capital Association, said both the H-1B and startup visa programs help keep the American economy competitive, by allowing companies to hire top talent from overseas, and help foreign entrepreneurs start new companies in the U.S.
Critics of the H-1B visa program say companies–mostly in technology fields and largely based in Silicon Valley–pay H-1B visa holders less than their American colleagues, depressing wages for the industry as a whole. The country allows 85,000 H-1B visas per year.
The H-1B visa program is highly regulated, and participating companies are not allowed to pay their H-1B visa holders less than prevailing industry wages. At large companies like Amazon, Apple, Facebook, Google and Microsoft, the median salary for an H-1B visa holder in 2015 was $135,000, according to data from FindTheBest.
The startup visa program has similarly stringent requirements, including raising money from qualified American investors and “significant public benefit to the United States.”
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