Well, Trump is screwing with MAGAs with H-1Bs. Why don’t they deal with that instead.
American Economics Thread
- Thread starter Bernard
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Well, Trump is screwing with MAGAs with H-1Bs. Why don’t they deal with that instead.
Being able to do experimental design is indeed, very similar to a substantial amount of industry R&D with lower barriers to entry, particularly since industry capex projects are similarly years-long in duration.
The US labor force is ~160M and even then, you can only focus on computing roles (themselves, a minority of STEM employment); while ignoring the S/E/M parts of it.
1. The US STEM force is not "majority" Asian unless you use extremely narrow slices of the work force.
2. No, it doesn't. The % Asian isn't negatively correlated whatsoever with the % foreign-born. USC/LPR Asians don't pursue PhDs because they simply don't need to. They have abundant
Yes, IRCA only makes it civilly illegal to directly hire (but not indirectly contract) undocumented labor. It is entirely legal for undocumented immigrants to own their own LLCs and file taxes with an ITIN (and they generally do so since filing an ITIN creates evidence of US residence for any potential future amnesty and because tax fraud is a deportable crime).
It doesn't matter. If Asians were all the STEM wunderkind's you claim, the graph should intercept at p70 since those are where intro engineering salaries land. That is...not the case
They weren't. This entire conversation is the belief that US STEM requires a selected cohort of 7000 people that are unreplaceable anywhere else in a birth cohort of 4 million. Having foreign-born talent in the United States isn't bad (nor evidence of native-born deficits), particularly on these super small scales (given that graduate enrollments writ large are supermajority US born), it's really just that US citizens do not need PhDs to stay in the United States and will not spend years of their lives on an NPV negative degree.
Yes, the entire STEM workforce is dependent on 3,000 PhD earners per year (largely, whom aren't "students" as much as they are immigrants). If that's the position you want to take, that's fine. It's just plainly ridiculous. It's also facially contradictory to your point that US science is super Asian ("Chinese") when they are at best, a superminority. Even if you take the position that only PhDs matter for innovation, at best, it's a cohort that's at most 30% Chinese.
Nah. It's not. The immigration debate has weak correlation with economic conditions (the economy was not particularly bad in 1924 when the Asian Exclusion Act passed, the economy was not particularly good in 1952 or 1965 when the Immigration and Nationality Acts passed, the economy was not particularly bad in 1987 when the Immigration Reform and Control Act passed, and most notably, the economy was doing very well in 1997 when the Illegal Immigration Reform and Immigrant Responsibility Act passed.
In fact - immigration attitudes are quite stable across time and macroeconomic conditions - ,
The H1-B debate as has all immigration debate since 1924, has really only ever been about race and how white to keep the United States, the 1924 Immigration Act was of course passed to maintain a white country into perpetuity by blocking the entry of Asians and Latins (), the 1965 Immigration and Nationality Act (the main law governing immigration today was passed for a mix of racial liberalism in the era of the Voting Rights Act coupled with geopolitical motivations by the Cold War (see )) and Trump's twin victories largely come from racially resentful whites that dislike immigration (see ))
The labor market outcomes of International Math Olympiad winners are either a large number of software developers at Google and quant firms (like D.E.Shaw or Citadel) or pursue academic careers but generally fairly standard academic careers (with <2 publications at their time of PhD graduation and average H factors of 0.4-0.6). Math olympiad winners thus have fairly similar labor market outcomes to well performing students anywhere in the United States, with nothing particularly notable or unique (joining the ranks of FANGMAN SWEs, professors, investment bankers, lawyers, management consultants, and research & development staff of the endless number of innovative US firms)
Scientometrics (2024), 129:3484-3486
Scientometrics (2024), 129:3484-3486
It's caused by credit card debt lol, debt fueled economic growth is nothing to flex about
Yeah so turbocharged that they are dropping interest rates?
The math doesn't make sense, no matter how much some posters like to cope with mental masturbation.
I am not going to lie, I love that Musk and Ramasawamy triggered MAGA with the H-1B comments. Ramasawamy basically said Asian people raise their children better and Musk told them in a meritocracy they would loose out to more skilled foreigners. They were absolutely livid with those comments. On top of that, Trump basically went radio silent while this was going on.
Yeah, the answers are so canned and unoriginal, that is a real possibility it is a robot.