I'm an American citizen and a very senior software engineer. I'm also a white male. Immigration restrictions will raise my wages. These measures also infuriate those who regularly denounce my race and gender in the name of fake "diversity". Why shouldn't I be in favor of this program? Of course, in public, I'll denounce Trump, but in private, I'll root for expanding bans and reducing the H1-B supply.
While I'm sure that corporate executives feel a certain personal level of frustration with this administration, I suspect that the prospect of rising labor costs also prompt a certain shrill activism.
My stance is indeed cynical. I'm an unabashed cynic. Cynicism doesn't make me wrong. While it's true that many people in the valley are foreign-born and that wages are high, wages are still far below the value each worker produces. Take a major tech company. Divide its annual profit by the number of people it employs. The difference between that number and the money you're paid is the value of your work that you've failed to capture.
While I'm sure that corporate executives feel a certain personal level of frustration with this administration, I suspect that the prospect of rising labor costs also prompt a certain shrill activism.
My stance is indeed cynical. I'm an unabashed cynic. Cynicism doesn't make me wrong. While it's true that many people in the valley are foreign-born and that wages are high, wages are still far below the value each worker produces. Take a major tech company. Divide its annual profit by the number of people it employs. The difference between that number and the money you're paid is the value of your work that you've failed to capture.