April 17, 2012
We all know that the presence of too many nonimmigrant workers results in serious economic harm for resident workers, both citizens and green card holders.
Whether the alien workers are toiling in the fields or designing software, they take jobs at lower wages than residents and are usually more docile than Americans, so they get the jobs and our countrymen do not. People within the 99 percent are the ones who get hurt.
But how might temporary foreign workers adversely effect American stockholders? People who may well be in the 1 percent. Read more...