burroisolator
Joined 7 years ago
Joined 7 years ago
And not very long after, 93 per cent of those horses had disappeared.
I very much hope we'll get the two decades that horses did."
I'm reminded of the idiom "be careful what you wish for, as you might just get it." Rapid technogical change has historically lead to prosperity over the long term but not in the short term. My fear is that the pace of change this time around is so rapid that the short term destruction will not be something that can be recovered from even over the longer term.
Regardless of whether you think imposing a $100k fee on H1Bs is a good idea or not, there is no way that a 2 day deadline makes sense from an implementation perspective. On a weekend too. This is just going to cause panic and confusion at the border.
One idea I've been mulling is a progressive corporate tax. It would encourage companies to split up if there aren't massive synergies to justify the increased tax.