Immigration

Tech lobby admits it wants to replace American workers with foreign workers.

"Following up on news that the White House met with big biz on immigration earlier this month, Bloomberg sat down with Joe Green, the head of Mark Zuckerberg's Fwd.US PAC, to discuss possible executive actions President Obama might take on high tech immigration (video) in September. "Hey, Joe," asked interviewer Alix Steel. "All we keep hearing about this earnings season though from big tech is how they're actually cutting jobs. If you look at Microsoft, Cisco, IBM, Hewlett-Packard, why do the tech companies then need more tech visas?" Green explained why tech may not want to settle for laid-off U.S. talent when the world is its oyster. "The difference between someone who's truly great and just sort of okay is really huge," Green said. "Culture in tech is a very meritocratic culture," he added. "The vast, vast majority of tech engineers that I talked to who are from the United States are very supportive of bringing in people from other countries because they want to work with the very best.""

This is going to backfire.