Divine Intelligence, etc sr20250109_Money
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Jan 10, 2025 Dive into the political landscape surrounding the H-1B visa program and its effects on American labor, particularly in tech giants like Amazon. Explore the troubling disparities in stock performance among leading tech companies and the risks of current investment strategies. Enjoy a nostalgic chat about the joy of quality steak and pizza. Discuss media bias regarding global conflicts, and unpack the recent complications with Tesla's self-driving technology. Finally, consider the intriguing shifts in investment trends towards precious metals and the implications of banking sovereignty.
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H-1B Visa Concerns
- H-1B visas are sold as bringing in top talent, but often fill lower-paying jobs.
- Many educated people don't realize H-1B visas can hurt American workers.
H-1B Visa Illegality
- Issuing over 800,000 H-1B visas when the limit is 85,000 is likely illegal.
- The lack of penalties renders these laws ineffective, enabling corporations to exploit them.
Foreign-Born Worker Increase
- The number of foreign-born workers in the U.S. has increased significantly.
- This trend is expected to continue, raising concerns about American job displacement.