The same Matt Egan of CNN who pontificated on the effects of a Trump victory in 2016, now predicts doom and gloom for 2020.
SO WHAT if there is a recession in 2020? Corrections are (sometimes) a necessary evil – nature’s way of gathering us together as a nation, so we can take stock of our beliefs and habits, and change them for the better.
It must said, however, that the “Shortage of Skilled workers” he cites is actually a myth, propagated by main street media, and their big business backers who believe that it is much cheaper and easier (their fellow country men and women be damned) to bring in foreigners who act as subservient peons to these puppet masters, at least for a season – until they come into their own, and are granted citizenship in this beautiful country of ours. Companies like IBM, Cisco, Verizon, and many Silicon Valley startups, who believe that their stock price is helped in the short term, actively subscribe to this nonsense, and are now seen routinely training foreigners first on many of their new product offerings. This broad daylight IP theft – by way of knowledge transfer to third world countries – helps transform what was once a skilled worker shortage myth, into a self fulfilling prophecy in its own right. Matt would do well to advise these companies to reverse course and employ American citizens who they will remember, are the real patrons, and consumers of their products.
Here is what the White House had to say in 2017 about the importation of cheap labor.
So, if Matt Egan were to pull his head out of the sand he would realize that clamping down on the H-1B, L-1, OPT and other mass migration visas will only spur the free market to make the adjustments needed to train and groom American citizens who, pushed out of their jobs big league, are now waiting on the sidelines, wondering when this train wreck will come to an end. If the past is any predictor of the future, in the end, it will be the fate and glory of these same patriotic citizens to pull this nation up, and out of a recession – were that to really happen in 2020.
Then, perhaps, Matt E. will be able to narrate a story with a different (but happier) ending.