Sunday Open Discussion

Posted on July 31, 2016 by grim

Down at the beach and left my laptop charger at home…

Carry on.

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38 Responses to Sunday Open Discussion

  1. The Great Pumpkin says:
    July 31, 2016 at 10:07 am

    Great overall post, esp this piece.

    “I think the right way out for all of us (both in the US, and may be even in the world) is to just simply innovate our butts off — better energy storage, cheaper water purification, electric/autonomous vehicles, carbon sequestration, etc., can really lift everyone up). We can stop worrying about hanging on to jobs that we think will be lost to some fresh immigrant with minimal training. I have friends that work at companies (I can share the companies at a GTG) where dinosaurs with 30+ years experience still influence technical direction even though they have zero understanding of technology or business, and almost no work other than keeping chairs warm at meetings (high-paid welfare queens that complain about poor people on welfare). If such jobs are preserved for eternity, it will be bad for those companies and for the US.”

  2. The Great Pumpkin says:
    July 31, 2016 at 10:37 am

    Juice, just remember you can’t believe a word Trump says. This is a guy that claimed Obama had a fake birth certificate. I believe you are in the upper middle class, therefore, do you want to risk your current lifestyle with Trump? He could destroy it all. With Hillary, at least you know what you are going to get. I’m not going to lose my position in the economy with her. She has almost no chance of crashing the economy, while the Trump can do major damage with his reckless behavior.

    I was a Bernie guy too. Then when I realized Bernie had no chance, I jumped on the Trump train. Then I realized Trump for what he really was. He wants to make america great again, when it is already a great place. What’s so bad about America? I no longer am attacking billionaires or the 1% class because I accept the changes that are happening in America. Nobody is worse off than 30 years ago. Sure the rich got richer, which caused the income inequality to rise, but nobody is really worse off under these conditions. Only people worse off are the ones that refuse to do the work to get educated and skilled, and I’m not going to just vote trump so he can bring back factories for these low level workers at the expense of everyone else. Losing low skilled jobs should work as an incentive for these people to get more educated and skilled. This will lead to an overall even stronger America. We don’t want to attract low skilled immigrants, we want the ones with the hunger to improve their lot in life. They are the building blocks needed to make a country great.

    I will continue to grow and have different perspectives in life as I age. Attack me for changing positions, but constant change is a part of life.

    Juice Box says:
    July 30, 2016 at 8:28 pm
    Make no mistake Fab, it’s all fun and games until your job is on the line. Hillary’s donors want the H-1B cap raised, it is currently 65,000 visas for the general category and 20,000 for the advanced degree exemption. Bernie was against raising the cap. Hillary and the US Congress via the republicans are FOR raising the cap to at least 200,000 a year. Trump is against raising the CAP. I hope you will enjoy training your replacement after you pull that voting lever, if it wasn’t for the recession which gave political power to not raising the CAP you would be serving coffee or driving an uber by now.

    And for the record I would have voted for Bernie, and I donated just as I did to Obama. However I am a selfish prick, I want to be able to take care of my middle class kids.

  3. The Great Pumpkin says:
    July 31, 2016 at 10:42 am

    2- I would not vote for Bernie today. He brings too much reckless change. He is the light for those who refuse to improve their lot in life on their own. The DNC did us all a major favor by doing their best to stop Bernie and his movement from taking over our political system and economy.

  4. Juice Box says:
    July 31, 2016 at 1:12 pm

    You think the middle class is thin now? Wait and see. H1-B cap is filled usually by April. 200k workers a year in tech? That mean a million over 5 years pushing wages down. By the way Rubio wanted 300,000 workers a year and sponsored legislation for it. The collusion between tech companies out west and the bullshit hiring companies out east are doing now, with hiring a consultant after a few months,and then roating the job back over seas. The job itself is never advertised per the fu*king law.

    re: “innovate our butts off.” I agree yet I don’t see the guest worker indentured sevants doing that. Most are seat fillers, pushing down wages. Don’t act as if you have never heard of “train their replacements”. Half of all H-1B visa are given out to Tata and Infosys. Less than 3% of those workers even apply to become permanent residents.

    Ask Grim it is his bailiwick.

  5. 3b says:
    July 31, 2016 at 1:26 pm

    1 to 3. Incessant babble.

  6. 3b says:
    July 31, 2016 at 1:31 pm

    My company froze their pension plan last week. People with years of service stayed because of the pension. They will keep whatever they have in there but no more contributions going forward. Of course nj public sector contributions must be paid. After all they were promised!!

  7. Comrade Nom Deplume, the Deplumiest. says:
    July 31, 2016 at 1:50 pm

    Latest renunciation list published on time. 508 names, less than half of the preceding report and breaking a growth trend that has lasted well over a year.

    Could be a lull due to the fact that prior reports reflected people rushing to get in before year end. Or the thumb could be on the scale as it was in 2012.

    Still an indication that the workload in Philly isn’t abating

  8. Comrade Nom Deplume, the Deplumiest. says:
    July 31, 2016 at 1:54 pm

    FWIW, I’m going with seasonal lull AND thumb on scale

    http://intltax.typepad.com/intltax_blog/2016/07/2016-second-quarter-published-expatriates.html

  10. Joyce says:
    July 31, 2016 at 3:13 pm

    Oh, I almost forgot ^^^ heroes, every last one of them.

  11. McDullard says:
    July 31, 2016 at 3:17 pm

    Juice, even for people educated here, H1B is almost always one step needed for longer-term employment and eventual immigration. A few people I know actually were cofounders of companies that in turn had sponsored their H1Bs (they all are US educated and are relatively big shots).

    There is much abuse of H1B rules (companies based in Hyd are a big loop-hole exploiter; there are some people that even use other people for phone interviews, but many times the hiring manager may not care about skills as long as the new contractor or employee is a yes-man, so all those involved in such scam win).

    Even putting a “US-educated” requirement is very easy to overcome (some low-end university will be ready to give out an MS degree for 50k or so). Any numerical limits are easily gamed by body-shoppers, so “all H1Bs are bad” is similar to “all Mexicans/muslims are bad” [though the abuse in the H1B cases is substantially much more].

    US has been attracting top people from the world ever since the 1960’s — before that, mostly white people were allowed to immigrate (to “maintain” same ethnic mix). So, a blanket anti-H1B policy is not a solution. These things require a scalpel to fix, not a hammer (and I think the hammer approach proposed by Trump and to some extent by Bernie have an appeal, but such an approach won’t work — not from a con like Trump and not from someone like Bernie). There is already precedent for these things — there are foreign medical doctors that seem to be doing well here and there aren’t many loopholes there.

  12. Njescapee says:
    July 31, 2016 at 3:35 pm

    I was recently terminated along with a lot of other US born employees while the Indian employees remain. I think Trump has a lot of support to limit these h1bs. USA! USA!

  13. Juice Box says:
    July 31, 2016 at 3:49 pm

    H-1B came about in 1990. It has been abused for far too long. Send them all home I say.

  14. Alex says:
    July 31, 2016 at 3:51 pm

    2-

    Pumpershnizzel, some of Os own relatives claimed he was born in Kenya. And I seem to recall during the last election Hillary questioned it too, so why isn’t she completely discredited by your standards?

  15. Joyce says:
    July 31, 2016 at 3:56 pm

    12
    Sorry to hear that. If I recall correctly, you worked remote for a nyc area company? Do you think it will be hard job searching remotely? (If I’m wrongs, apologies)

  16. Njecapee says:
    July 31, 2016 at 4:06 pm

    Joyce,

    I’ve given up looking and will live on my modest pension SS and savings. So far so good. I truly worry for the younger US born workers being sold out by our elite. Thanks for asking.

  17. Outofstater says:
    July 31, 2016 at 4:30 pm

    #12. Sorry to hear that. A few years ago, my IT-type neighbor was terminated and was told that in order to get a severance pkg, he had to go to India for two weeks to train his replacement and others. It made me sick. I agree with you about Trump’s support.

  18. The Original NJ ExPat says:
    July 31, 2016 at 7:50 pm

    [3] I didn’t vote for Romney in 2008 for a very practical reason you can apply to Bernie today. He’s not on the ballot. I would advise that you should not vote for Nixon or FDR for similar reasons.

    I would not vote for Bernie today.

  19. The Original NJ ExPat says:
    July 31, 2016 at 7:59 pm

    The best profession to go into is strip club bouncer. The jobs can’t be outsourced.

  20. 3b says:
    July 31, 2016 at 8:27 pm

    3 A month or so ago you subjected us to a multitude of posts in an attempt to convince us all to vote for Bernie. Now you are telling us you would not vote for him if he won the nomination. Amazing!!

  21. The Original NJ ExPat says:
    July 31, 2016 at 9:03 pm

    North America’s hydraulic frackers are cutting costs so fast that most can now produce at prices far below levels needed to fund the Saudi welfare state and its military machine, or to cover Opec budget deficits.

    Scott Sheffield, the outgoing chief of Pioneer Natural Resources, threw down the gauntlet last week – with some poetic licence – claiming that his pre-tax production costs in the Permian Basin of West Texas have fallen to $2.25 a barrel.
    …
    This is a cold douche for Opec. It has been an article of faith among Gulf exporters that hedging contracts had kept US shale companies on life-support, and that there would be a brutal cull as these expired in the first half of this year.

    No such Gotterdamerung has occurred. A few over-leveraged players have gone bankrupt, but Blackstone, Carlyle and other private equity groups are waiting on the sidelines to buy distressed assets and take over the infrastructure.

    http://www.telegraph.co.uk/business/2016/07/31/aep-us-shale-producers-weather-oil-price-storm/

  22. Grim says:
    July 31, 2016 at 9:08 pm

    Eliminate IT from the H1B program, instead change it to accept teachers, doctors, nurses, cops and lawyers.

  23. The Great Pumpkin says:
    July 31, 2016 at 9:55 pm

    Besides cops and lawyers, a lot of Asians in healthcare and education. So many science or math teachers out there that speak broken English because not enough American students take up the job. Same story with doctors and nurses.

    Grim says:
    July 31, 2016 at 9:08 pm
    Eliminate IT from the H1B program, instead change it to accept teachers, doctors, nurses, cops and lawyers.

  24. The Great Pumpkin says:
    July 31, 2016 at 10:07 pm

    It happens. I just realized things aren’t as bad as the doom and gloom crowd has made it out to be. Unfortunately, Bernie is just like Trump in that they are doom and gloomers. Unable to see the positives for what they are, too clouded by negativity.

    3b says:
    July 31, 2016 at 8:27 pm
    3 A month or so ago you subjected us to a multitude of posts in an attempt to convince us all to vote for Bernie. Now you are telling us you would not vote for him if he won the nomination. Amazing!!

  25. The Great Pumpkin says:
    July 31, 2016 at 10:22 pm

    24- They both were running on the premise that America was going down the tube and I just don’t agree with that anymore. Even with the income inequality issue, things could be a lot worse. Life is tough, but it’s not bad. Income inequality mainly comes from the fact that the wealthy have been killing it, and maybe, just maybe, there will be some positives that stem from this buildup of wealth at the top for the general public, mainly in the form of investment for the jobs of tomorrow. Let’s hope.

  26. Ben says:
    July 31, 2016 at 10:39 pm

    Besides cops and lawyers, a lot of Asians in healthcare and education. So many science or math teachers out there that speak broken English because not enough American students take up the job. Same story with doctors and nurses.

    I have yet to meet a science or math teacher at the high school level that speaks broken English.

  27. Anon E. Moose, Second Coming of JJ says:
    July 31, 2016 at 10:44 pm

    Looks like I bought at the bottom. Run, Market, Run!

    http://www.zerohedge.com/news/2016-07-31/real-reason-behind-surge-populist-anger-central-banks

  28. The Great Pumkin says:
    July 31, 2016 at 11:41 pm

    Terrible wording. I’m sorry, meant no disrespect to you or anyone in Health Care. I meant with an accent. Once again, really sorry about that.

    Ben says:
    July 31, 2016 at 10:39 pm
    Besides cops and lawyers, a lot of Asians in healthcare and education. So many science or math teachers out there that speak broken English because not enough American students take up the job. Same story with doctors and nurses.

    I have yet to meet a science or math teacher at the high school level that speaks broken English.

  29. McDullard says:
    August 1, 2016 at 1:08 am

    Grim #22

    What about research in STEM field? The term IT is used in a broad context — do researchers in telco fields (e.g. cloud technologies) fall under IT? Same with pharma, stuff like nano-technology, etc. Even a bank may hire someone for IT support and the employee may end up developing domain expertise and end up getting promoted.

    There are many top people in universities that have had a H1B at some point in their career. As an example, Google’s CEO and Microsoft’s CEO are both former H1B visa holders from India (after US education).

  32. McDullard says:
    August 1, 2016 at 1:28 am

    Juice #13,

    Send them all home, you say? Deport all of them, or only people of some ethnicities? What about their children that are born and educated here?

    Isn’t it surprising that the fault always seems to lie with the immigrants, and never with the employers that hire them or the smart lawyers that file their petitions. You said, “I have filed plenty of LCAs with lawyers”, and you still get to blame the immigrants (deport them all), without ever feeling a tinge of conscience? It must be so wonderful to never be at fault — it is always someone else’s fault!

  33. McDullard says:
    August 1, 2016 at 1:31 am

    3b #6

    If you want pensions to be continued and have a guaranteed job security till retirement, may be you should start supporting unions?

  34. NJescapee says:
    August 1, 2016 at 1:49 am

    Dullard,

    Why get so defensive? Don’t try to hide the fact that there is plenty of tribalism among the immigrant groups. These people game the system to promote and protect their own at the expense of the native born. It happens!

  35. Grim says:
    August 1, 2016 at 5:32 am

    Pull back the IT worker to 2500, and require a Ph.D. as minimum.

    Open up the door for doctors and lawyers.

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