Microsoft·451 discussions

Bill Gates on H1-B and other stuff

Locked

http://www.washingtonpost.com/wp-dyn/content/article/2007/02/23/AR2007022301697.html

I know it is a religious war, much along the lines of Windows vs. Linux, but I for the most part agree will Bill.

Topic

That was a good article

In reply to Bill Gates on H1-B and other stuff

I’m not sure I agree with everything, but I did enjoy the article.

His point about education. He backs that with his money…. My wife is a teacher, and they just received a grant from the Bill Gate foundation. It wasn’t free, they had to show an marked improvement with their students over a number of years.

Love him or hate him, you have to give Bill Gates his credit. He walks the walk along with doing the talk.

dan

Competitiveness and Housing.

In reply to That was a good article

Immigration and guestworkers will not promote competitiveness. Immigration promotes housing inflation which in turn inflates salary requirements — making us less competitive in the world market.

Driving down wages with immigrant labor also increases the largest portion of the cost of U.S. living — housing.

Guestworker emigration causes the donor country’s rental market to flatten — the best option for the guestworker is to move home and take the job with him.

The percentage of the Average Mean Income (AMI) required to rent a 2 bedroom apartment in California is now 72%.

In other words, the traditional 30% of income housing formula for California requires a yearly income of $47547.00 to afford that 2 bed apt., at Fair Market Rental (FMR)

These rental rates have increased 37% since 2000 while earnings have decreased.

So where does the government propose that we will house the 1 million new immigrants for 2007?

http://www.nlihc.org/oor/oor2006/data.cfm?getstate=on&state=CA

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