SIIA issues report on state of industry, calls for immigration reform and education improvements
January 24, 2008 (Computerworld) The U.S. software industry is larger than the food processing industry in terms of revenue, according to an IT trade group that wants Congress to raise the annual cap on H-1B visas, give permanent residency to foreign nationals who graduate from U.S. colleges and back trade policies that give companies unfettered access to global markets.
The Software & Information Industry Association today released a report (download PDF) that assembles a variety of economic data in an effort to give policy-makers a better understanding of the software industry's importance to the U.S. economy. For instance, the SIIA said that software vendors and digital content providers employed a combined total of 2.7 million people in 2006, a net gain of more than 400,000 jobs over the 1997 level. That's a 17% increase in head count, the group said.
SIIA president Ken Wasch acknowledged that the timing of the report's release was a little awkward, coming during a time when the stock market is falling, interest rates are being cut and Congress is working to craft an economic stimulus bill.
"Our industry is not going to be able to repeal the economic business cycle," Wasch said. If the U.S. economy goes into a recession, he added, "our industry will be impacted as well."
http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9058941&intsrc=hm_listComments:
Compete America lobbying material
Submitted by abc on January 24, 2008 - 18:56. Another propaganda tome engineered and paid for out of the bottomless pockets of the uber-corporate lobbying group called Compete America. Look down the list at this link for the Software & Information Industry Association:
http://www.competeamerica.org/whoweare/coalition/index.htmlThe forte of Compete America? Creative lying with statistics. Of course, it would be madness to flood the job market with even more foreign workers during a recession. Foreign workers aren't known to be the biggest spenders: they send and spend most of the earned money back home (e.g. India). And if there were layoffs during the recession, you can bet that it would primarily be the more expensive Americans being laid off: not the foreign workers.
Besides, it has already been abundantly shown that the H-1B visa is used to SUPPORT the offshoring of jobs. For instance, the following is quoted from a PRO-guestworker website:
"Effectively the H-1B visa is being put to a starkly different use than originally intended: it is now a critical tool for Indian outsourcing vendors to gain expertise and win contracts from Western companies to transfer critical operations to places like Bangalore.
'It has become the outsourcing visa,' the Indian commerce minister, Kamal Nath, said by telephone this week while attending global trade talks in New Delhi, at which India is pushing the United States for a larger H-1B quota."
http://www.workpermit.com/news/2007_04_16/us/h-1b_visas_indian_outsourcers.htmFrom the same article:
"In past years a large percentage of H-1B visas have been granted to citizens of India. Only 7.5% of H-1B's were granted to Indian nationals in 1992, but that had jumped to about 40% in 2005 and then to 43,167 (66.5%) of the 65,000 in 2006. The trend has been strongly toward Indian companies obtaining the H-1B visas, with eight of every ten visas going to Indian-owned outsourcing companies last year."
After $ 75,000 comes $ 0.00 & Unemployment
Submitted by Colleen on January 24, 2008 - 21:51. SIA says salaries avarage $ 75k.
Whast SIA does not tell us us what comes after $ 75k.
One would expect $ 76 k...
but what we get at age 41 is unemployment.
In other words, after $ 75k comes $0.00.
This is Creative Destruction and is best
explain by Alan Greenspan.
NVCA repeatedly talks about a process called “Creative Destruction”.
For more information on what “Creative Destruction”, see…
http://www.google.com/search?hl=en&q=%22creative+destruction%22&btnG=Search Examples:TECHNOLOGICAL : Xerox, Polaroid, 8 Track Tapes/Cassettes/CDs/MP3s OTHER EXAMPLEs: Downsizings & Layoffs to free up (financial)resources so they may be re-allocated elsewhere.
“Creative Destruction” is also mentioned in Alan Greenspan’s video below.
Watch & Listen…
Alan Greenspan on Income Inequality:
http://www.youtube.com/watch?v=oqx88MyUSck Alan’s new book is about capitalism and what it has done.
Alan says Income Inequality… a huge increase in Per-Capita Income never seems to gain acceptance by a vast majority of people. (Alan makes no mension of Per-Capita Debt).
Alan describes capitalism, creative destruction & competition as “difficult” forthose who have been “competed out”… loosing their jobs… having all sorts of problems.
Alan says you cannot have the (capitalists’) benefits of capitalist market growth without the support of a significant portion, virtually ALL, of the people.
Alan says if the rewards of Capitalism are being rewarded unjustly, a capitalist system will not stand.
Alan says the problem is the “decline in our primary & secondary education system”.
Alan says he suggests / supports the augmentation of skilled labor through immigration to “suppress the wages of the skilled”.
The irony here is that Alan not talking about Investment Banker bonuses averaging $ 750,000 annually… instead he singles out the tech workers Per-Capita income.
Do virtually ALL of the people in our society support Investment Bankers’ $ 750,000 annual bonuses as just and fair (especially in the midst of this subprime mess)?
Is Alan Greenspan a hypocrit?
Yep, he sure is.
Is it really justice to suppress the wages of skilled people? ( nope )
Alan Greenspan lives in a glass house… throw stones at this S.O.B. whenever possible.