Sunday, October 5, 2025
28.1 C
New Delhi

‘Economy is like baking, H-1B is key ingredient’: Expert says US will have to import ‘cake’ or ‘use inferior recipe’

'Economy is like baking, H-1B is key ingredient': Expert says US will have to import 'cake' or 'use inferior recipe'

Economist Justin Wolfers said H-1B is a main ingredient required to bake economy cake in the US.

Australian economist Justin Wolfers, a professor of economics at the University of Michigan, came under MAGA fire as he has been speaking in support of the H-1B visa program that allows US companies to hire skilled workers from foreign countries. Appearing on MSNBC, Wolfers said studies have revealed that H-1B inflow actually increased the wages of American college grads and the native employment figures did not change because of H-1B hirings. “If H‑1Bs took jobs, you’d expect lower wages for U.S. grads. The best available studies show the opposite: 1990–2010 H‑1B inflows raised wages of American college grads by 4.2% and non‑college by ~2%, with native employment unchanged,” he said. The economist said that it is one way of thinking that if somebody is coming to the US, they are taking someone’s jobs. “But facts don’t bear that out,” he said, adding that all economic activities in the US are like a cake and H-1B is a key ingredient. If the US does not have a specific ingredient to bake the economy cake, they can ‘instacart’ STEM workers through the H-1B program. Without the ingredient, US will have to quit baking, make inferior quality products or buy a cake instead of baking it. Wolfers said all these options are not good for the US economy. Wolfers said more H1B means more patents, more productivity, as H-1Bs are not just workers; they cross the ocean bringing their fresh new ideas with them. As his cake analogy went viral, many social media users attacked him and said there’s no ingredient missing. “If the missing ingredient is underpaid indentured servants who steal American jobs sure,” one wrote. “H-1B is the opposite of high skilled STEM workers. Indians are lower intelligence overall, IQ studies have shown us this for a long time. Their education system is a scam they literally just pay for a diploma without schooling. You’re not prepared for these conversations,” another wrote. Howard University professor Ron Hira said Wolfers has been repeating false claims. “Core of debate is about deficient worker protections,” he said.

Go to Source

Hot this week

One In Five Gaza Babies Born Prematurely Or Underweight, Says UN

Curated By : Last Updated:October 06, 2025, 02:39 IST Ministry said 1,015 children under one year old have been killed by Israel, along with 1,670 medical staff and 140 civil defence rescue workers among over 77,000 Palestinians At leas Read More

Karur Stampede: After Madras high court rap, rash driving FIR slapped on Vijay’s driver

KARUR: Tamil Nadu police charged the driver of actor-politician Vijay’s bus with negligent driving, a day after Madras high court questioned why no FIR was filed over two alleged hit-and-run accidents involving the convoy of the TVK chief Read More

When Lakshay Lalwani left his Rs. 25000 per day TV job

Actor Lakshya Lalwani made a bold career move, leaving behind a successful television career and a daily income of up to Rs 25,000 per day for the world of films. Read More

Papon pays a tribute to Zubeen: ‘Wanted to celebrate him’

Singer Zubeen Garg’s demise left everyone in a state of shock and grief. His untimely passing had an impact that can’t be described in words. In the wake of this loss, singer Papon earlier cancelled all his live shows. Read More

Motel owner shot in the head in Pittsburg: ‘Are you alright?’ he asked the shooter

A motel owner was killed and a woman and a police were shot by a gunman in Pittsburgh. Read More

Topics

One In Five Gaza Babies Born Prematurely Or Underweight, Says UN

Curated By : Last Updated:October 06, 2025, 02:39 IST Ministry said 1,015 children under one year old have been killed by Israel, along with 1,670 medical staff and 140 civil defence rescue workers among over 77,000 Palestinians At leas Read More

Karur Stampede: After Madras high court rap, rash driving FIR slapped on Vijay’s driver

KARUR: Tamil Nadu police charged the driver of actor-politician Vijay’s bus with negligent driving, a day after Madras high court questioned why no FIR was filed over two alleged hit-and-run accidents involving the convoy of the TVK chief Read More

When Lakshay Lalwani left his Rs. 25000 per day TV job

Actor Lakshya Lalwani made a bold career move, leaving behind a successful television career and a daily income of up to Rs 25,000 per day for the world of films. Read More

Papon pays a tribute to Zubeen: ‘Wanted to celebrate him’

Singer Zubeen Garg’s demise left everyone in a state of shock and grief. His untimely passing had an impact that can’t be described in words. In the wake of this loss, singer Papon earlier cancelled all his live shows. Read More

Motel owner shot in the head in Pittsburg: ‘Are you alright?’ he asked the shooter

A motel owner was killed and a woman and a police were shot by a gunman in Pittsburgh. Read More

Georgia PM Kobakhidze Announces Crackdown On Dissent After Tbilisi Protests

Curated By : Last Updated:October 06, 2025, 02:03 IST PM Irakli Kobakhidze blamed the EU and cracked down on protests in Tbilisi after clashes near the presidential palace, detaining opposition figures like Paata Burchuladze. Read More

Cough syrup tragedy: Government urges states, UTs to strictly comply with revised drug norms

Representative image NEW DELHI: Amid the controversy over deaths of children in parts of Madhya Pradesh, allegedly due to consumption of sub-standard cough syrup, Union health secretary Punya Salila Srivastava on Sunday asked states Read More

British Police To Get Sweeping Powers To Curb Protests Amid Repeated Pro-Palestinian protests

Curated By : Last Updated:October 06, 2025, 01:36 IST UK Home Office announces new police powers to curb repeated protests after 500 pro-Palestinian arrests in London, sparking criticism from Amnesty International UK The Home Office ann Read More

Related Articles