Originally Posted by
Thedude
I saw something similar in the computer industry when I graduated college. Many friends of mine were getting 50k-60k jobs fresh out of college in the early 90s. Microsoft and others complained to congress and they got the J-1 Visas relaxed by crying for need. Of course with the flood of "qualified" foreigners coming form the sub-continent, those nice starting salaries went away. Meanwhile those companies stock did very nicely.
I'm certainly not the first person to throw the cabotage threat out there on these boards. I think cabotage is just as likely as reducing the mins.