Microsoft’s massive layoff makes the recent op-ed by Bill Gates, Warren Buffet, and Sheldon Adelson downright ridiculous. They and Facebook’s Mark Zuckerberg, are demanding immediate amnesty disguised as immigration reform in order to bring in more cheap foreign labor. The real shortage is in good jobs, but these H-1B visas flood the labor market and hold wages down, even when pay scales should be climbing for Americans. Fewer Americans have a job today than six years ago, even though the potential workforce has expanded during that time. One reason is the overuse of foreign labor by large companies.
Microsoft is highly profitable, breaking its own records for revenue and profits last year. In 2007, at a Senate committee hearing, Bill Gates asked for permission to import “an infinite number” of foreign workers. “I don’t think there should be any limit,” he said. Yes, there should be a limit so that engineering jobs can be available to American citizens.
Listen to the radio commentary here: