You also get the baumol effect increasing wages even for unrelated sectors (soun... | Hacker News

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		myrmidon 88 days ago \| parent \| context \| favorite \| on: Trump to impose $100k fee for H-1B worker visas, W... You also get the baumol effect increasing wages even for unrelated sectors (sounds helpful at first). The flipside is that every american industry becomes less competitive globally without the H1b guys.

geodel 88 days ago [–]

Yeah, right India has 10-100 times more H1B level talent that they send to US.

And it is the 10 times more competitive economy compared to non H1B importing nations.

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