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Notes -
Raising the Price of Admission
I find myself immensely frustrated by Trump's recent moves to cut down on immigration, especially replacing the EB5 with his new golden ticket scheme.
I've always wanted to move to the States, but by virtue of being Indian, and in a profession with strict regulatory requirements, it was never easy. As of right now, I can't sit for the USMLE if I wanted to, but I believe that is a problem my uni could solve, unfortunately I'm locked into the UK for at least 3 more years and don't have the time to breathe down their necks.
If I wanted to spend $1 million for the old EB5, I'd probably have to sell a significant fraction of my familial assets, and they're not mine yet, I have a sibling and parents to think of. The fact that we even have that much, when my father made $50k at the peak of his career as a OBGYN surgeon, represents a lifetime of my parents being frugal and living beneath their means. My dad started out from scratch, a penniless refugee, and all his life he worked tirelessly to make sure his kids wouldn't have to work as hard as he did. To a degree, he's succeeded. I nearly make as much as he does, but that's virtue of grinding my ass off to escape India. I had to settle for the UK, whereas I'd much rather be in the States.
The EB-5 program already functioned as a high barrier to entry, requiring not just capital but also the ability to invest in ways that met the job creation criteria. By raising the price to $5 million, the U.S. is effectively signaling that it no longer wants "entrepreneurial upper-middle-class" immigrants - it only wants the ultra-wealthy. The problem, is that the truly ultra-wealthy already have multiple options. The US is relatively unique in dual-taxation, and has heavier taxes overall when compared to some of the alternatives. They can buy citizenship in other countries (Malta, St. Kitts, etc.), take advantage of residence-by-investment programs in the EU, or just maintain an arsenal of visas that allow them to live anywhere they please. The U.S. loses out on exactly the kind of people who were willing to put down roots and contribute significantly to the economy while still needing the opportunities that U.S. citizenship provides.
If Trump (or any administration) wanted a truly meritocratic system, they should be auctioning off a limited number of economic immigrant slots each year. That would at least allow market forces to determine the actual value of U.S. residency. A points-based system, like Canada’s or Australia’s, could also make more sense: prioritizing skilled professionals over sheer wealth. A million already strongly filters would-be immigrants. Five is exorbitant, especially if it's a flat sum.
(Let's leave aside the other requirements, such as running a business that creates a certain number of jobs)
Jevon's paradoxmakes us expect that increasing the price of a good by 5 times will not 5x the revenue. It'll decrease it in expectation. If Trump prizes himself as a businessman, this should be clear to him.
Even the abolition of birthright citizenship strikes me as a violation of the American ethos. It was certainly being abused, anchor babies being a case in point, but when even green cards are this hard to get, prospective skilled migrants greatly appreciate the peace of mind that their kids are entitled to citizenship provides.
End it for illegal immigrants if you have to, why lump in everyone else there legitimately? I wouldn't mind people using their visitor visas to get a fast one in being debarred too, but I look at the current state of affairs with great dismay.
At any rate, I'm not an American. I do wish I was, and my impression is that most of you would be happy to have me. Well, I'm used to life being rough, and the UK isn't the worst place I could be. I still think that even from an absolutely monetary point of view, this is a bad plan.
I hope I've made a decent case for why you're not getting much out filtering the immigrants for quality at that point, and the ones who are that loaded are probably not nearly as keen. They're easily Global Citizens for whom nationality is a formality.
Well, I'm still going to see if I manage to figure out the USMLE thing by the time my training in the UK ends, but there must be thousands of skilled immigrants in a similar boat, just noticing a rather significant leak in it. Then they're confronted by a sign at Eliis Island that just any ocean-crossing vessel won't do, they need a yacht. We don't deserve to be clubbed in with those who break the rules.
That is frustrating. I do wish skilled immigration was generally very permissive in the US. Even though it already directly impacts my ability to get programming jobs (my profession).
I've always had a sense that "stop illegal immigration" is the bailey while "stop all immigration" is the motte. I think Vivek and Elon didn't realize that when they waded into the H1-B visa debate a few weeks ago.
There is this weird emotion I get watching anti-immigration stuff. Its maybe like being the first hipster in your grade level that gets into music, and you find all these awesome classic rock songs. And then everyone else starts getting into music and they just like pop garbage. Don't read too much into that metaphor. Its just the feeling.
I recently joined a family society. On my mother's side we can trace our ancestry back in the US to the 1620's. My dad's family is what I consider more recent immigrants. They came here about 150 years ago sometime after the Civil war. My dad is anti-immigration, my mom is not.
... I just realized what the feeling is. Its elitism. I feel a sense of elitism over most of the anti-immigration people I personally run into. Just as a matter of demographics most people in the US came here or are descendants of people that came here within the last 100 years. The same way that you might look at a guy with a broken hispanic accent who just attained citizenship saying "shut down the border" is how I look at most people saying "shut down the border". Or the same way you might look at a person, still dripping wet after pulling themself onto the lifeboat and saying "we can't let anyone else on".
"Hey scum stop talking about founding stock as if you are part of the founding stock, you are a recent jumped up German immigrant. Be happy we let you in and stop trying to gate keep." Is what I'd say in my head to my dad if we was annoying enough to talk about "founding stock".
Anyways, I hope the political winds shift back on this issue. Middle class immigrants seem like the best immigrant class to get, I don't understand why the US makes it so hard.
You know, unless I had some independent reason to think theyre crazy, I would take that as strong evidence that its in my interest what theyre saying.
And since were doing credentials: My family has lived within an hour of here longer than europeans have been to america.
I knew I shouldn't have included the lifeboat one. Its a terrible immigration metaphor. Our "lifeboat" is an entire freaking continent. So its more like some guy washing up on the beach from a ship wreck and then saying "don't let anyone else come ashore".
But also part of the point is not what he is saying, but how he is saying it. "we can't let anyone else on". Like when did "we" become a "we".
I assume you don't live in America? In that case I say "go for it" whatever immigration policy floats your boat. I don't think most countries have a strong enough culture to assimilate immigrants. American culture dominates the world, so most of them come halfway pre-assimilated. And America is generally rich enough to have economic opportunity for them.
Really? Because I don’t see too many “refugees” clamoring to get into Mexico (except as a by station to get into America) or heck, how many are settling in the arctic?
Im not a fan of the lifeboat metaphor either because its not about limited resources per se (although crowding is a real concern and net negative - see mouse utopia experiments) but the real problem is obviously the culture fit issue. If you are privileged enough to travel, you can’t help but notice how absolute shite every other non western country is on multiple levels. Pollution, littering, poverty, corruption, crime, the list goes on. Do you truly think you won’t be importing any of those issues? Do I need to bring up my FGM rates in the UK?
Count Canada too and central America is basically a rounding error.
I have been to India. Some of it looked better than Northern Virginia. At least the area I was working in when I was there.
Much of it was worse. But that's why I said middle class immigrants are great.
My daughter is in public school, less than half the kids in her class are white. She is also in girl scouts. It's about 1/3 each of White, Indian, and Hispanic. In both cases it's been fine. In the case of girl scouts I can't imagine a more American organization for little girls to join.
There are enclaves out there where people don't assimilate. Usually it's in New York in the neighborhood of Little [country name].
Ah, the universal cop-out of "That's not true, except for the places it is, but I've decided they don't count." Speaking of Northern VA, I've seen unassimilated conclaves multiply exponentially over my 4 decades living there. Unassimilated Vietnamese pockets in Seven Corners, unassimilated South Korean pockets in Centreville, unassimilated Mexican pockets in Manassas, unassimilated Indians in Herndon. At certain point there is nothing to assimilate to anymore. In most of those towns native born whites are the minority. All of Northern VA in the 2020 census has a foreign born percentage of nearly 30%, far above what I believe would facilitate any sort of assimilation.
All I'm saying is, you done fucked up using my back yard as your example.
See my girl scouts comment.
I think there is a reason the "anti-immigration is racist" argument has lived on for so long. Ultimately it feels like no metric is ever good enough to convince anyone when there are just too many brown people by their approximation.
I went to George Mason, I've lived in the area for over a decade. My parents grew up in Northern Virginia (but neither stayed there). I grew up in a slightly rural area of Virginia. I only really know the English language. Aside from the area not being as white as where I grew up it still feels very American to me. I've been to India and multiple countries in Europe, so I know what a foreign country feels like. There is a discomfort in not knowing the language, in missing so many of the basic cultural understandings of everyone around you, and of not having the grounding feeling of knowing people around you. Its a feeling, I acknowledge you can feel differently about things. But if we are just gonna go on vibes, then I'm telling you where my vibe is at.
So its not just "your" backyard. Its at best "our" backyard. Though I don't claim any form of ownership over the area despite having lived here and had parents that have grown up here. That is one of my ongoing frustration with anti-immigration viewpoints and woke viewpoints. You don't solely own the common spaces. You don't own the right to determine who and what is acceptable there. So much of what they said is kind of status jockeying to be like "well I am the ultimate american, so i should get more say in how the common spaces look" or "i am the ultimate oppressed victim, so i should get more say in how the common spaces look".
So, you are committed to just skipping over all the unassimilated pockets I mentioned? After you claimed they only exist in "New York in the neighborhood of Little [country name]"? This isn't a dick measuring contest about who's more American, it's a "You've point of fact lied" problem. I get why you want to just ignore that to the same degree you wanted to handwave away unassimilated pockets in the first place. But I'm not going to let you.
Yes, and that's exactly the feeling I get in the Eden Center at Seven Corners. In large sections of Manassas, and Centreville, and Herndon. It's bizarre having the place I grew up literally become a foreign country out from under me. I don't understand how you can look at those place, where they don't speak english, all the businesses aren't in english, nobody is dressing, speaking, or conducting themselves like Americans, and then say "Well they're selling thin mints so it all looks good to me. Nothing is as American as getting fucking fat."
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