It depends on who immigrates. Wealthier immigrants vote conservative.
It's possible to have an immigration system that only favors the very talented. Many countries have exactly that. The reality of business today is that you sometimes can't find an American of the level of talent you need. At that level of skill the talent is rare.
There's some called "prevailing wage" that serves as a minimum that can be offered for a specific job so that they can't do what you're describing. It's determined by average wages across the nation. This is an area that is somewhat abused as the prevalining wage limit is admittedly lower than it should be.
If people are unwilling to move because they don't feel it's worth that salary or don't like it, that means that they cannot get the talent they need. That does fulfill the requirement that the talent doesn't exist locally...because it doesn't.
An immigration policy with a high prevailing wage requirement solves the problem of underpaid H1B abuse as well as allows for American companies to steal the top talent from other countries, making American enterprises dominate the rest of the world.
Wages are a simple function of supply and demand. Any increase in the number of workers will lower wages, even if the wage is set high.
Wages are indeed determined by supply and demand at a given price point. There is a lot of demand from employers for software engineers at under $50,000/yr and very little supply, and a lot of demand for salaries over $300,000/yr by employees but very little supply of such jobs.
The prevailing wage for a top-end Software Engineer might be $150,000, but that doesn't mean that there will be any available in a given market. Rural Wyoming has very few people who could qualify for such a role even if such a salary was offered, for example.
There are businesses that need to fill such roles in order to meet business demands, and if supply doesn't exist at what would normally be considered a "fair" wage, then immigration makes sense. If that position can be filled by an American, then such a posting wouldn't survive the PERM posting. The business gets critical labor it needs and no American loses a job to competition because of the requirement to do PERM postings.
You have to consider the business side of things. We're not like liberals who don't understand how important they are to a thriving economy.
It depends on who immigrates. Wealthier immigrants vote conservative.
It's possible to have an immigration system that only favors the very talented. Many countries have exactly that. The reality of business today is that you sometimes can't find an American of the level of talent you need. At that level of skill the talent is rare.
Couple of things there:
There's some called "prevailing wage" that serves as a minimum that can be offered for a specific job so that they can't do what you're describing. It's determined by average wages across the nation. This is an area that is somewhat abused as the prevalining wage limit is admittedly lower than it should be.
If people are unwilling to move because they don't feel it's worth that salary or don't like it, that means that they cannot get the talent they need. That does fulfill the requirement that the talent doesn't exist locally...because it doesn't.
An immigration policy with a high prevailing wage requirement solves the problem of underpaid H1B abuse as well as allows for American companies to steal the top talent from other countries, making American enterprises dominate the rest of the world.
Immigration needs to be a balance of both.
Wages are indeed determined by supply and demand at a given price point. There is a lot of demand from employers for software engineers at under $50,000/yr and very little supply, and a lot of demand for salaries over $300,000/yr by employees but very little supply of such jobs.
The prevailing wage for a top-end Software Engineer might be $150,000, but that doesn't mean that there will be any available in a given market. Rural Wyoming has very few people who could qualify for such a role even if such a salary was offered, for example.
There are businesses that need to fill such roles in order to meet business demands, and if supply doesn't exist at what would normally be considered a "fair" wage, then immigration makes sense. If that position can be filled by an American, then such a posting wouldn't survive the PERM posting. The business gets critical labor it needs and no American loses a job to competition because of the requirement to do PERM postings.
You have to consider the business side of things. We're not like liberals who don't understand how important they are to a thriving economy.