I agree that there are many jobs in finance that pay better than engineering jobs. But is Wall Street hiring a bunch of engineers? It seems like some different training would be required in most cases.
In addition, what they tell the employee that their cost is is likely a lie to keep the employee afraid. Just like limited partnership real estate scammers, the general partner can produce "receipts" for anything he wants to show the limited partners that there are no profits to split up, the "maintainance" costs (his maintainance company) has eaten up all the profits..
Do you really think the government that does not want to catch or deport illegal aliens, even if they are criminals is really going to go through these applications with a fine toothed comb to find misrepresentations? What will they do, the same as when they catch a whole company full of illegals, demand a big fine for the media and settle with the company on the sly for 10 cents on the dollar.
You don't know so just pull some number out of the air? The companies that hire them have HR staff who know how to do the paperwork. It isn't like they need to hire an immigration lawyer. They just have to fill out some forms and pay some small fees.
Some high school systems are great in getting the STEM kids to also take special trade skill classes and team problem solving, as well as the basics. There are cities making progress at supporting local startups with skills they need. Its a mixed bag, but the educational experiment is continuing in some cities. The social media is picking up on that, so there will be pressure in cities that are lagging....globally.
Don't think following the AMA's tactics is going to work for Scientists & Engr.s because we don't quite have the same leverage as MDs. But there are still quite a few other things we can do :
1. Engr.s are one of the most passive group among professionals, we can't remain sitting ducks any more. Need to take charge of our future, get more involved in policy making
2. Raise subscription and fund very high quality studies on Corporate behavior, labor policy,past history, role of finance, Govt. interaction, true demand for STEM grads, etc. Comparison of US industry with Germany etc. Gap analyses on a solid Engr. footing.
3. Publicize these findings, Fight on the ground where we have a natural advantage - Data. When it comes to data-driven argument who can beat Scientists and Engr.?
4. Hold debates both online and at various State legislatures Do not let opponents confuse / get away with spurious arguments
5. Get your local Politicians to pitch in, make them walk the talk, rate them according to friendliness to US workers. name & shame
I've seen people get laid off and I've seen outsourced workers hired on H1B visas to replace them. I believe it is pure economics - a money saving arrangement. If H1B workers were paid the prevailing labor rates and if the domestic workers were provided the job training that the visa workers receive, H1B visas would disappear (or at least shrink significantly). As it is, the H1B workers provide low cost labor - and if they return to their native land, they may bring home the expertise they gained during their "paid 9internship" in the USA. Too many skilled workers are still unemployed. I'd like to see an honest effort made to fill domestic jobs with domestic labor.