After the Miracle

Looks like the mass Indian “IT” conjob that has looted tens of trillions out of the US is finally coming to an end. The former CEO of human trafficker InfoSys even admitted such.

“For a generation, Americans have been outsourcing work to India, where companies like Infosys grew bigger than Facebook and Google combined and created a new middle class. It seemed as though the boom would last forever.

Indian IT companies proliferated in the wake of Infosys’s success, cementing India’s role as the primary global provider of back-end tech labor. The Indian IT boom overlapped with the American dot-com bust: In 2001 and 2002, the U.S. lost more than half a million tech jobs. Over those same two years, Infosys’s workforce nearly doubled. In the United States, angry programmers protested job losses with picket signs reading Will Code for Food. Later, some American tech workers alleged that Infosys was abusing the U.S. visa system, and one such charge, levied by an American Infosys worker turned whistleblower, led to a formal government complaint that Infosys had fraudulently brought some workers over on the wrong type of visa. The company denied wrongdoing, but in November 2013, it agreed to settle for $34 million — the largest settlement ever paid for a U.S. immigration case.”.

Correct. Far from helping the US economy, the H-1B visa allowed millions of looters from the criminal nation of India into Silicon Valley to loot jobs from Americans.

“Sikka was a genuine enthusiast for all the new tech. But he was blunt in his assessment that India’s dominance of IT services was no longer secure. A year into his tenure, the tech journalist Saritha Rai asked him, “Is this the end of India’s ‘IT miracle’ as we know it?”

“It is dead,” Sikka said. “It is over.

It sounded like an inversion of longtime American complaints about Indian outsourcing. I spoke to Kevin Lynn, who heads Progressives for Immigration Reform, which bought the ads in the BART system. He said the response to the ad had been “overwhelmingly positive and supportive,” and he was pleased that H-1B visa applications had fallen. “They’re not bringing in the best and the brightest,” he said. “All they’re doing is moving bodies around.”

Posted on