Yves here. A reader asked yesterday in comments if I would write about the proposed immigration bill. I don’t mean to seem churlish, but this is basically an assignment. Please read Barry Ritholtz on the subject of assignments. I only get 2 days and 2 half days off a month from blogging and there are only so many topics I can cover, and there are already too many closer-to-the-core-focus-of-this-blog topics that I can’t get to due to time constraints.
However, since this is an important general news topic, I am posting this Real News Network video on the Senate version of the bill in the hopes that readers will share information and views in the comments section.
At the 50,000 foot level, the various immigration bills represent a major shift in philosophy, away from immigration rules having keeping families together as a significant focus, to one far more oriented towards giving business “needs” much higher priority. One of these “needs” is the claim that there aren’t enough STEM graduates, ergo, the US must issue more HB-1 visas. The reality is, if you are even a casual reader of Slashdot, is that we haven’t had much in the way of entry level jobs in IT for ten years. Engineering grads at NC will similarly tell you that engineering salaries are on the whole so low as to not make it viable to be an engineer (the most attractive use of an engineering degree seems to be to next get a law degree and do IP related law).
This segment focuses on some elements of the Senate bill that appear to be under the radar as far as media coverage is concerned. First is that the bill does not provide a path to citizenship for a significant portion of the current illegal immigrant population (frankly that’s been a feature of past immigrant “reform” bills too; the Hispanic community may have been promised more than it was ever going to have delivered on this front). Second is that is includes a large budget to militarize the border with Mexico.