The reality - from Assistant Secretary of the Treasury in the Reagan administration
- Thread starter intertrader888
- Start date
Quote from dandxg:
I agree with your post in theory. Think about why that is? Many visa holder IMO come from what Americans would consider third world countries.
Now compare the avg American worker to say a Socialist European.....we bust our asses compared to most of them.
Germany, Sweden, Finland, etc. They work alot less than us, and yeah I am jealous.
Come to think of it, no I am not. I couldn't day trade under an LLC and do what I like and get a write off too!
Cool! I say if Germany, Sweden or Finland offers a better oppurtunity for legal immigrants than the United States, they should go there. It's probably a lot easier and cheaper, too. Since the bulk of immigration is to the United States, I can only assume it's not because of ignorance but simply because America offers the more opportunities and freedoms than any other country in the world.
^ That's just my logic. If anyone disagree I'd love to hear your thoughts on the issue.
Well, the key thing is you have EXACT right skillset.
If you are an engineer, you would understand how difficult it is to have the
EXACT right skillset.
The senior you gets, the more difficult it becomes. In many cases, the knowledge
and skill is simply untransferable.
I guess executives do not have this problem. Their skillset is more transferrable.
The lesson here is to advise your kids to stay away from engineering.
BTW, thanks for the RE bubble, my engineering Ph.D. friend from Lucent
makes a great living as a RE investor and broker.
Chemical engineering is the currently the highest paid major. Agree that many professional jobs will be sent overseas. Hopefully, good jobs emerge as they always have before when we sent jobs overseas.